The role of public sector in the economy of Kazakhstan

Abstract

Achieving the goals and objectives in the economy determines the implementation of specific functions and many interrelated elements, in which the public sector plays a key role. Moreover, according to the conclusions of economists, an increase in the public sector negatively affects competition in the country's economy and slows down GDP growth. The relevance of the topic lies in the fact that under modern realities there is an increase in state participation in all spheres, especially in the economic sphere. This article considers the public sector as an integral element of the organization of the functioning of a modern market economy. It also analyzes issues related to the management of the public sector and the regulation of its share in the economy.