A New Course for the Republic

On December 14, 2012, President Nazarbayev delivered a bold, innovative strategy of “universal economic pragmatism” designed to make Kazakhstan one of the world’s top 30 most developed states by 2050. The three key aims of the Strategy 2050 are: to define new markets where Kazakhstan can form productive partnerships and create new sources of economic growth; to create a favorable investment climate; and to effectively develop and modernize the public and private sectors. The President explained how these overall aims will be achieved through the application of the Strategy 2050 to key areas of macroeconomic policy and various sectors of the economy and state.