Kazakhstan to increase exports in 2012
Kazakhstan, Astana, Feb.27 /Trend T.Nurmagambetova/
The volume of Kazakh exports will increase to $87.9 billion in 2012, Prime Minister Karim Masimov said at an expanded meeting of the faction of the People's Democratic Party Nur Otan (ruling party) on Monday.
"A stable external environment will contribute to the growth of exports to $87.9 billion," the head of the Cabinet of Ministers said.
Real GDP growth will be at the level of six percent economic growth will be accompanied by an increase in welfare in 2012, according to forecasts of the Kazakh government. Per capita GDP is forecasted to increase to $12.5 thousands.
Industrial output will grow by 3.9 percent, the amount of work in construction will increase by 2.3 percent, in trade - by 12.7 percent in 2012.
Inflation will remain in the previously forecasted range - 6-8 percent in 2012.