Kazakhstan forecasts 6-percent GDP growth in 2013
Azerbaijan, Baku, Oct. 17 / Trend E. Kosolapova/
Real GDP grows in Kazakhstan is forecasted at 6 percent in 2013, 6.1 percent in 2014 and 7.6 percent in 2015, Kazakh Economic Development and Trade Minister Erbolat Dosayev said at the plenary session of the Majilis (Parliament's lower chamber), Kazinform reported.
Inflation rate in 2012-2015 is expected at 6.8 percent, Dosayev said.
According to the Minister, forecast of Kazakhstan's socio-economic development is based on the oil prices forecast on the world market ($90 per barrel in 2013 and $88.5 per barrel in 2014-2015).
Kazakhstan's state budget expenditures are planned at $6.200 trillion tenge in 2012, 6.5 trillion tenge in 2014 and at 7.100 trillion tenge in 2015 ($1=150.65 tenge), Dosayev said.
According to the Minister, the main priorities of the state budget expenditures in 2013-2015 are following: increasing employment, provision of affordable housing, regional development, human capital quality growth, improving of the living conditions of the population, industrial and innovative development and complete fulfillment of social obligations of the state.