Economy

Following the meeting, Tokayev gave a number of instructions regarding the microeconomic stability, economy's diversification, and creation of jobs, reduction of the State's share in the economy, as well as support of people and entrepreneurship.

"Pursuant to the President's Address the National Economy Ministry proceeded to implementing the crisis bailout plan. Certain proposals are being studied jointly with the responsible state bodies," Kuantyrov told the Government meeting.

National Fund total revenue since the beginning of the year reached KZT 925 that is 4.5 times as compared to the same period of the previous year.

In January -February the output grew by 3.9%. 15 regions of Kazakhstan showed growth. The most growth was reported in Atyrau and North Kazakhstan regions as well as in Almaty city, National Economy Minister Alibek Kuantyrov told the Government meeting.