IBC proposes to create a platform for the economy and business at the head of state

At the first meeting of the Anti-Corruption Business Council (ADC) under the President of the KR, held on November 16, 2021, ADC member, Executive Director of the International Business Council Askar Sydykov voiced several business proposals.

First of all, the IBC head expressed gratitude for organizing and holding the first meeting of the Anti-Corruption Business Council.

“We have been waiting for this for a long time, because a platform for direct dialogue between business and the President is very necessary. The economic situation in the country is now quite difficult, both for business and the economy as a whole, and many issues need to be directly voiced to the head of state to propose solutions and jointly solve them,” said Sydykov.

Business needs a constant public-private dialogue at the level of the head of state and the adoption of timely effective decisions for the development of business and the economy.

“Over the past year, we have witnessed many controversial economic initiatives including a bill on the introduction of an emergency in the economy, certain points in the draft of the new Tax Code, an increase in the rates of some mandatory payments for businesses and other bills. Some of them were adopted by the Parliament in three readings in one day. In practice, the mechanism of compulsory public discussion, including with business, is not implemented," the IBC head said.

Controversial initiatives and decisions are being put forward, such as structural reforms of the government, from which the effectiveness of government agencies suffers when several ministries have been merged and then split again.

At the same time, the necessary initiatives and solutions are not being implemented.