4.3mln Kazakhstanis work in SMEs - President
President Kassym-Jomart Tokayev congratulated the laureates of Altyn Sapa (Golden Quality), Paryz (Duty) and Best Goods of Kazakhstan awards, Kazinform News Agency reports.
As the President noted, small and medium businesses (SMEs) sphere is developing dynamically in Kazakhstan, due to the measures provided by the state.
"The share of small and medium businesses hits 36% of the gross domestic product. This is a high indicator indeed. The number of people working in this sector reached 4.3 million which is 45% of employable group of the population," he said.
Addressing the participants, the President also touched upon the issue of industrialization.
He noted high paces of industrialization works carried out in the country.
"Last year, the volume of exports in processing industry exceeded 26 billion US dollars, which is a record indicator. 1.5 trillion tenge of investments were attracted to the sector," he said.
In his words, most favorable conditions have been created for processing enterprises.
As a result, the amount of taxes paid to the national budget increased fivefold.