FORMATION OF THE BUSINESS ENVIRONMENT IN KAZAKHSTAN: THE ROLE OF GOVERNMENT SUPPORT FOR ENTREPRENEURSHIP

The development of entrepreneurship in Kazakhstan has a noticeable impact on the country’s economy, bringing significant changes to its structure and dynamics. Entrepreneurial activity contributes to GDP growth by creating new jobs and reducing unemployment levels. The emergence of new businesses and the expansion of existing companies lead to increased production volumes and an expanded economic base, which is especially important for diversifying an economy traditionally dependent on oil and gas.

One of the key aspects is improving the business climate. Government programs such as the "Business Roadmap-2025" are aimed at simplifying company registration procedures, enhancing the tax system, and supporting startups. These measures create favorable conditions for entrepreneurs and attract foreign investors, thereby increasing investments in the economy.

The development of entrepreneurship also enhances market competitiveness, leading to improvements in the quality of goods and services, innovations, and lower prices. This, in turn, positively affects consumers and stimulates further business development. Additionally, entrepreneurial activity contributes to improving social infrastructure and integrating local communities, creating new opportunities for social initiatives and raising living standards.

However, entrepreneurship in Kazakhstan faces certain challenges such as bureaucracy, lack of funding, and issues with law enforcement. Addressing these problems is crucial for the sustainable and long-term development of entrepreneurial activities in the country. Overall, the development of entrepreneurship in Kazakhstan has a multifaceted impact on the economy, contributing to its growth, diversification, and improvement in the quality of life for its population.