ASTANA -- Kazakhstani President Nursultan Nazarbayev Monday (March 5) announced new measures aimed to improve Kazakhstanis' lives, Kazinform reported.
Nazarbayev presented his "Five Social Initiatives" at a joint session of Kazakhstan's parliament.
The initiatives include a new mortgage programme with a 7% interest rate for 25 years, a reduction in taxes for low wage workers from 10% to 1%, an increase in university scholarships and raises for teachers, and the construction of dormitories nationwide and of a natural-gas pipeline from Kyzylorda Province to Astana.
"The idea 'Kazakhstan is our common home' should be given a new tangible meaning... We will discuss new social initiatives aimed at further improving the welfare of every citizen of Kazakhstan," Nazarbayev said.
Lawmakers and officials praised the new initiatives.
"Today's proposals by the president are a convincing affirmation of his unswerving strategic course for social [welfare] modernisation of our society," said Nurlan Nigmatulin, chairman of the lower house of parliament (Majilis), according to Inform.kz.