Ministry of National Economy (Kazakhstan)

The Ministry of National Economy (Kazakh: Ұлттық экономика министрлігі) is central executive body of the Government of Kazakhstan, which administers in the areas of strategic planning, tax and budgetary policies, as well as customs policy, state and state-guaranteed borrowing and debt, public-private partnerships, state investment projects, protection of competition and restriction of monopolistic activities, natural monopolies and regulated markets, international economic and financial relations.

Ministry of National Economy
Ұлттық экономика министрлігі
Emblem of Kazakhstan

House of Ministries
Agency overview
Formed11 January 1993 (1993-01-11)
JurisdictionGovernment of Kazakhstan
HeadquartersNur-Sultan, Kazakhstan
WebsiteOfficial website

The Ministry is also responsible for regulating international economic integration, regulating and developing foreign trade activities, regulating trade activities, managing public assets, including improving the quality of corporate governance, developing the public administration system, developing public policies in the provision of public services, mobilization training and mobilization, population migration, state material reserve.

History

The state body was originally established in January 1993 as the Ministry of Economy.

The Ministry of Economy and Budget Planning was formed on 28 August 2002 in accordance with the Decree 931 by the President of Kazakhstan "On Measures to Further Improve the Public Administration of the Republic of Kazakhstan" by merging the functions of economic planning from the Ministry of Economy and Trade and budget planning from the Ministry of Finance.

On 16 January 2013, the Ministry of Economic Development and Trade in accordance with the Decree of the President of the Republic of Kazakhstan "On further improvement of the public administration system of the Republic of Kazakhstan" was reorganized into the Ministry of Economy and Budget Planning.[1]

On 6 August 2014, during the reorganization, the Ministry of National Economy replaced the Ministry of Economy and Budget Planning of Kazakhstan and the Ministry of Regional Development of Kazakhstan, it also includes the functions of the reorganized agencies: statistics, regulation of natural monopolies, protection of competition, protection of consumer rights.[2]

References
  1. "Қазақстан Республикасының мемлекеттік басқару жүйесін одан әрі жетілдіру туралы" (PDF). Akorda.kz (in Kazakh). 2013-01-16. Retrieved 2020-05-01.
  2. tengrinews.kz (2014-08-06). "Структура нового Министерства национальной экономики Казахстана". Главные новости Казахстана - Tengrinews.kz (in Russian). Retrieved 2020-05-01.
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