Abstract:
This research examines the effectiveness of the "Economy of Simple Things" program in
Kazakhstan, which is aimed at providing financial assistance to business entities affected by the
COVID-19 pandemic. Using a quantitative approach, this study analyzes the impact of the
program on key economic indicators, such as lending, employment, wages, etc. It also examines
the distribution of funds within the program and evaluates the achievement of the intended
goals. The results show that the program faced bureaucratic obstacles and long processing
times. The program itself did not have a significant impact on employment and wage growth,
since the wage increase was due to other factors. Moreover, the program had a limited impact
on food prices, which continued to rise. The analysis reveals program's limitations, including
issues with the funding situation and the selection process. Overall, this study provides valuable
information on the effectiveness of government financial support measures for businesses
during the COVID-19 crisis, emphasizing the importance of targeted and well-thought-out
policies to ensure the survival and growth of this vital sector of the economy.
