The central asian economy during the pandemic: An analysis of small and medium business support strategies
Issenova A.
2021CA and C Press AB
Central Asia and the Caucasus
2021#22Issue 258 - 67 pp.
This paper examines public policy towards small and medium-sized enterprises in the Central Asian countries during the COVID-19 pandemic. A study of analytical surveys for 2020 and 2021 pro-duced by international organizations (such as the World Bank, the Asian Development Bank, KPMG, and the Organization for Economic Cooperation and Development), as well as of legal and regulatory docu-ments and strategic programs adopted in the countries of Central Asia during the coronavirus pandemic, has made it possible to identify the advantages and disad-vantages of government decisions regarding business and to analyze public strategies for supporting small and medium-sized enterprises. This analysis leads to the conclusion that the potential for economic recovery in the Central Asian countries is directly de-pendent on the measures taken by their governments to maintain and support the business sector. In particular, the study results show that the main business support tools during the coronavirus pandemic are mechanisms such as tax holidays for businesses, soft loans, loan restructuring and refinancing, and administrative support measures.
Business , COVID-19 , Public policy , Small and medium-sized enterprises (SMEs)
Text of the article Перейти на текст статьи
National School of Public Policy, Academy of Public Administration under the President of the Republic of Kazakhstan, Nur-Sultan, Kazakhstan
National School of Public Policy
10 лет помогаем публиковать статьи Международный издатель
Книга Публикация научной статьи Волощук 2026 Book Publication of a scientific article 2026