Business potential development to underlie Kazakhstan's competitiveness in future - Massimov
ANA. October 10. KAZINFORM /Serik Sabekov/ Development of business potential will become a basis of Kazakhstan's competitiveness in the period of global rehabilitation, Prime Minister Karim Massimov has said at the conference on Kazakhstan-2030 Strategy in the Palace of Independence today.
"We have already done much work in order to simplify doing business in our country. To date our task is creation of favorable business climate. In this case our efforts on economy diversification will be fruitful", the head of the Government said.
"Banks' loans must be based on tough standards of transparency which will help restrain commercial, financial and currency risks. We must reach full-fledged financial stability and enhance the role of domestic investment resources", the PM noted.
Alongside, K. Massimov highlighted importance of brining Kazakhstan's legal system into compliance with the world standards which in its turn needs independence and transparency of the court system and improvement of the legislation and law-making quality.