Premier of RK positively estimates changes in national finance

Results of execution of the orders given by the president at the IV congress of Kazakhstani financiers in November, 2004, have been reviewed today, February 18, at a government meeting, prime minister's press service has advised KZ-today.

According to the meeting participants the state authorities actively work on development of reforms in the financial sector of the country's economy. In particular, it has been observed that the securities market development programme and the pension savings system development programme for 2005-2007 have been worked out and adopted in the terms established by the government. Besides, the draft programme of microcrediting is at its final stage of preparation.

In general D. Akhmetov has positively estimated the course and dynamics of the execution of the orders given by the president. At the same time, the prime minister has ordered to the heads of state authority to continue their active work on the development of the investment banking, the improvement of the normative legal base that has to strengthen the protection of the investors' rights, and the development of propositions on the level of capitalisation of financial organisations and on introduction of modern risk management systems related with them.