New Structure of Kazakhstan’s Government

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On 6 August 2014 the President of the Republic of Kazakhstan issued Decree on reorganization of the Government (the “Decree”).

The Decree envisages integration of ministries or certain authorities of theirs into one ministry, transformation of some agencies into committees at the ministries, as well as integration and liquidation of various committees within the ministries.

As result of the reorganisation, the total number of ministries will be decreased down to 12 ministries (from current 17) and there will be 30 committees instead of 54.

Antimonopoly Regulator -

The Agency for Protection of Competition will be abolished. Its authorities will be transferred to the newly established Ministry of the National Economy. The Ministry of Economy and Budget Planning, the Ministry of Regional Development, the Agency on Statistics, the Agency for Regulation of Natural Monopolies and the Agency for Protection of Consumers’ Rights will also become part the new Ministry.

Please see full alert below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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