Head of State: it is not necessary to close bankrupt enterprises

ASTANA. KAZINFORM - It is not necessary to close bankrupt enterprises, this has been stated by President of Kazakhstan Nursultan Nazarbayev at today's enlarged government meeting in Akorda.

photo: QAZINFORM

Kazakh President noted that in the world practice bankrupt enterprise are not necessarily closed; people are not exempted from work. Nursultan Nazarbayev stressed that he has already signed a relevant law. The document laid a new system for settlement of a debtor and a creditor's financial insolvency.