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Kazakh government accepted Stabilization Program Action Plan for 2009 - 2010

Astana. November 25. Kazakhstan Today - Kazakhstan government accepted the Action Plan on Stabilization of Economy and Financial Sector for 2009-2010 during Monday session, the agency reports. The members of the Cabinet of Ministers unanimously voted for acceptance of the plan at today's session. As it was informed earlier, 2.2 trillion KZT will be directed for realization of the Government Stabilization Plan. It is about 20 % of GDP of the country," K. Masimov said. The Government Stabilization Plan has 5 directions defined by the President of the country. "This is maintenance of stability of the financial sector - USD 4 billion, stabilization of the real estate market - USD 3 billion, support for small and medium business - USD 1 billion, accelerated development of agricultural and industrial complex - USD 1 billion, and realization of breakthrough, innovative, infrastructural, and industrial projects - USD 1 billion," the Prime Minister emphasized.

Resourse: Kazakhstan Today

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