Development and support of small business in Kazakhstan

Authors

  • A. S. Bikhanova East Kazakhstan State Technical University after D.Serikbaev, Faculty of Economics and Management, Department of «Finance, Accounting and Taxation»

Keywords:

small and medium-sized businesses, Government support, women’s entrepreneurship,

Abstract

In conditions of transformation economy of Kazakhstan small business plays a very important role both in the local economy and throughout the country, because actually the territorial specialization allowed him to complete small business “big” economy and form a relatively complete, integrated structure of the economy of regions, cities and rural areas. Small enterprises and, in General, small business occupied their niche in economic activities that most focused on regional and local needs. The implementation of state programs and business development will set the stage of formation and development of SMEs in Kazakhstan and has made this trend irreversible. Their implementation influenced positively on the formation and development of the business sector in the country. A competitive market for goods and services was created and institutional arrangements for support and development of small business were identified. Entrepreneurship in Kazakhstan is one of the priorities of the economic policy of the State, and the Government seeks to build the middle class and competitive dynamic business community.

References

1 Nazarbayev N.A. Kazakhstan-2030. / N.A. Nazarbayev. – Almaty: The Lawyer, 2000. – P. 94

2 Government Regulations of the Republic of Kazakhstan dated April 26, 1997 № 665 «On establishment of the Fund for Small Business» (as amended by Government order № 886 from 27.05.97; № 44 from 28.01.98; № 1077 from 23.10.98; № 1346 from 28.12.98; № 1175 from 17.08.99; № 571from 11.06.03; № 514 from 26.05.05).

3 Business Road Map 2020.Information of JSC «Fund Damu».

4 Website of the Statistics Agency of Kazakhstan www.stat.kz

5 Website of the National Bank of Kazakhstan www.nationalbank.kz

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