3.4.11. The government will continue reforms to create an enabling regulatory environment and reduce administrative barriers. 3.4.12. By 2022, the share of small and medium-sized businesses in the country's economy should reach at least 50%. 3.5. State Assets Management and Public-Private Partnerships 3.5.1. In order to introduce systematic and effective management of state assets, the Government will ensure the full functioning of the inter-agency automated information system "Unified State Property Register" to complete a full inventory of all state assets. Electronic trading platforms will be introduced to increase the transparency and openness of privatization processes and the provision of state property for rent. 3.5.2. As part of the optimization of the public sector, decisions will be made on the liquidation and privatization of non-strategic state-owned companies. The government will review the management system of state-owned companies, depending on the objectives of state participation in their activities. The state-owned companies will implement the best practices of corporate governance, the system of responsibility and motivation of government representatives in government with a benchmark for improving their effectiveness in the medium term. 3.6. Financial system 3.6.1. Banking system 3.6.1.1. The existing financial system does not adequately meet the requirements for the accumulation and rational redistribution of resources within the sectors of the economy. 3.6.1.2. The main task is to further strengthen the banking system, based on the principle of maximum liberalization. It is necessary to form a stable and reliable system of financial and credit institutions that can effectively mobilize the country's domestic financial resources and meet the needs of the population and entrepreneurs in loans and quality banking services. 3.6.1.3. It is necessary to revise the policy in the banking sector in conditions of low banking penetration and inadequate financial resources, as well as their high cost. To expand the participation of banks in lending to a real economy, the conditions for their activities must be reviewed. To maintain long-term crediting and liquidity of the banking system, it is necessary to establish mechanisms for maintaining long-term and operational liquidity in the banking sector. Banking policy should stimulate lending to the national economy in the national currency. 3.6.1.4. The banking sector will be actively involved in the process of integrating the financial market within the framework of the construction of the common market of the EAEC. The priority of the development of the banking sector will be building the capacity of the financial infrastructure and harmonizing the 20

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