Tokayev’s Economic Reforms

By Albert Barro and Svante E. Cornell

Deceber 14, 2021, the CACI Analyst

While the political aspects of reforms in Kazakhstan have gained considerable attention, economic reforms are an equally strong focus of President Kassym-Jomart Tokayev’s policy agenda. Building on the initiatives developed by his predecessor, President Tokayev has implemented plans that serve to diversify Kazakhstan’s economy. Key measures include the development of agriculture, as well as the strengthening of manufacturing, in order to make Kazakhstan a bread-basket of Central Asia as well as a producer of household goods.