ASTANA, Kazakhstan, April 21. In response to the growing influence of external political factors on the domestic market, the National Chamber of Entrepreneurs of Kazakhstan, "Atameken," is launching an early warning system based on signals from businesses, Trend reports.
This decision was announced during a meeting at the National Chamber of Entrepreneurs, chaired by Deputy Prime Minister of Kazakhstan, Serik Zhumangarin. The meeting focused on key challenges facing Kazakhstan's economy. Experts estimate that the first significant effects of these changes could impact Kazakhstan’s economy within the next 1.5 months.
"Regular operational monitoring of business sentiment will be carried out through multiple sources, including businesses via Regional Chambers of Entrepreneurs and industry associations," stated the press service of the National Chamber of Entrepreneurs "Atameken."
Raimbek Batalov, Chairman of the Presidium of "Atameken," emphasized the importance of smooth and efficient collaboration among all parties in today’s environment.
"We maintain daily communication with the regions. Therefore, we will collect real-time issues and plan to organize them in our Digital Business Map - a unified platform of the National Chamber. This will allow us to identify and address any signals early," Batalov said.
Zhumangarin also stressed that, in addition to tracking macroeconomic indicators and budget parameters, the government requires so-called "subtle signals" from the real economy. These signals include issues like overstocking in warehouses or disruptions in logistics.
"Each sector has its own markers that can signal emerging problems. These signals must be communicated to the government in time, allowing for action before the consequences become systemic," Zhumangarin noted.
He added that, despite the potential tightening of the economic agenda, there are no plans to reduce funding for infrastructure, energy, and housing projects, as these sectors provide a multiplier effect for the economy.
Moreover, economist Zhaksybek Kulekeyev, scientific director of the Center for Applied Economics Research, pointed out the vulnerability of Kazakhstan’s export structure. According to him, about 80 percent of total exports come from just ten product categories. He noted that at the start of the year, Kazakhstan saw a 12 percent drop in export volumes, roughly $2.5 billion less compared to the same period last year. He described this decline as a worrying signal.
The National Chamber of Entrepreneurs of the Republic of Kazakhstan, "Atameken," operates as a non-profit entity, strategically advocating for the diverse interests of entrepreneurs across various ownership structures within the jurisdiction of Kazakhstan.
