PM: Kazakhstan’s economy growth hit 6 percent in 2013

Photo: PM: Kazakhstan’s economy growth hit 6 percent in 2013 / Kazakhstan

Baku, Azerbaijan, Jan. 13

By Elena Kosolapova - Trend: Kazakhstan's economy growth hit 6 percent in 2013, Prime Minister Serik Akhmetov said at the meeting with President Nursultan Nazarbayev on Jan. 13, the presidential press-service reported.

Investment increased by 6.5 percent, industrial production rose by 2.3 percent, construction volumes by 3 percent, and agricultural gross production volume by 11.6 percent in this period, Akhmetov said.

The unemployment level hit 5.2 percent, while the inflation rate reached 4.8 percent, according to the prime minister.

The prime minister also informed the president on the next stage of the industrialization program, during which emphasis would be on diversification of the economy's main spheres, as well as on the transfer of technologies and innovations.

The president in turn stressed a need for elaboration of concrete ways to implement the "Kazakhstan-2050" strategy, as well as further realization of big oil projects such as the Kashagan and Karachaganak and expansion of their production facilities.
President Nazarbayev also placed emphasis on the development of energy and implementation of significant infrastructure projects.

The head of state also underlined raising the living standards of the population, providing employment and a high level of social well-being for Kazakhstanis remained the most important targets to be met by the government.

At the end of the meeting, the president gave a number of instructions on the issues discussed.

Edited by CN

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