President charged Government to pay special attention to mechanisms of enterprises' recovery

ASTANA. February 26. KAZINFORM /Kanat Kulshmanov/ Today at the plenary session of the Council of Entrepreneurs President Nursultan Nazarbayev has charged the Government to give more attention to the mechanisms of recovery of the country's enterprises.

photo: QAZINFORM

According to Nazarbayev decline of several enterprises was caused by "incorrect decisions taken by the banks and wrong business-models of development".

In this view the President stressed that "everything must be based on the principles of voluntarism and transparency. Business must be ready to disclose its real state of affairs and submit its certain plan of recovery".

N. Nazarbayev also added the state would maintain enterprises in their rehabilitation process, but not all of them.