Page 17 - Azerbaijan State University of Economics

S.Baizakov, A.Tulepbekova, A.Assenova: Regulatory policy of Kazakhstan: problems and
perspectives

Reducing business costs associated with reporting should be carried out while
ensuring an optimal balance between the needs of government agencies for
information and business opportunities to provide it.
In Kazakhstan, the reform of information tools began in 2016. The stages of
the reform involve the revision of information tools, the formation of an exhaustive
list and the legislative consolidation of all information tools. As a result, the number
of information tools is expected to decrease by 30%, which will significantly reduce
the costs of Kazakh entrepreneurs.
One of the important steps in the implementation of regulatory policy based on
the principle of "smart regulation" is the introduction of a regulatory impact analysis
(RIA). RIA is designed to contain a huge wave of new regulatory documents, laws
and by-laws that comes from regulators, increasing the burden on entrepreneurs and
making fines more severe.
World experience shows that there are no preset parameters for analyzing the
regulatory impact, it all depends on the priorities of the state and the decision-
making agency. In some countries, regulators place emphasis on assessing the
impact on the business, in others - on the quality of the environment. In some
countries, the methodical core is the evaluation of benefits-costs, in others - a
qualitative assessment of the expected impact. However, in any case, the main role
of ARV is the adoption of a balanced, deliberate decision at the state level and
separation of inefficient decisions at the stage of adoption of a legislative act.
In 2015, Kazakhstan introduced and operates the RIA Institute, whose main
mission is to prevent the adoption of economically inexpedient and ineffective
regulatory acts, to reduce government interference in the activities of business
entities and to remove obstacles to the development of entrepreneurship.

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