Majilis approved amendments to legislation reducing government intervention in the economy

"The main aim of the bill is to reduce government intervention in the economy and introduction of state monopoly on extraordinary occasions, demanding state participation in entrepreneurial business in order to provide national security, national defense capability, protection of public order and public health,"  Kazakh Minister of Economic Development and Trade B. Sagyntayev said presenting the bill.

To ensure transparency of pricing and prevention of establishment of high tariffs by state monopoly entities and their approval, in accordance with the bill shall be made by the Government.