Political modernization boosts Kazakhstan’s investment potential, expert says

Political modernization boosts Kazakhstan’s investment potential, expert says

Kazakhstan’s political modernization and the reforms being implemented by the Head of State are transforming the relationship between the government and society, expanding opportunities for citizens to participate in decision-making within the public administration system and redistributing powers and responsibilities, notes Rizzat Tassym, Director of the Center for Institutional Analysis and Reforms at the Kazakhstan Institute of Public Development. Ahead of Republic Day, experts are highlighting the country’s achievements. The new Constitution has established the principles governing the functioning of state institutions, enshrined guarantees of citizens’ rights and freedoms, and expanded mechanisms for public participation. Another important area of reform has been the development of public dialogue. The People’s Council has been granted constitutional status and the right to initiate legislation. In addition, the e-Otinish system enables citizens to directly report problems and propose solutions.

«According to the UN E-Government Development Index (EGDI), Kazakhstan ranks among the world’s top 25 countries overall and in the top 10 for online services. This has helped drive the development of online petition tools and the e-Otinish platform, which enables citizens to submit direct appeals. Taken together, these mechanisms demonstrate that the state is developing channels for constructive dialogue and using innovative solutions that make it easier for citizens to participate in government decision-making,» Rizzat Tassym noted.

These changes are also reflected in Kazakhstan’s international standing. The country has entered the top 40 of the digital competitiveness rankings. According to the expert, clear public governance mechanisms make the political system more predictable and strengthen the confidence of international partners. He also noted that the reforms have an impact on economic indicators.

«Last year, a historic high of over $300 billion was reached. Around $160 billion in foreign direct investment was attracted. This figure has doubled in the past two years alone. International agencies have also upgraded Kazakhstan’s financial stability ratings. I believe this combination of political reforms and economic transformation is yielding results,» Rizzat Tassym added.