GDP growth hit 4.1 percent in Kazakhstan in January-August
Baku, Azerbaijan, Sept. 10
By Elena Kosolapova - Trend: GDP growth hit 4.1 percent in Kazakhstan in January-August 2014, Kazinform reported with the reference to National Economy Minister Erbolat Dossaev.
In August, GDP grew by 0.4 percent Dossaev said at a briefing in Central Communications Service under Kazakh President on Sept.10.
The minister noted that the index of industrial production amounted to 99.9 percent in the reporting period, agriculture - 102.5 percent, construction - 104.7 percent, trade - 109.4 percent, transport - 107 percent.
Earlier Kazakh National Economy Ministry forecasted real GDP growth in Kazakhstan to reach 5 percent in 2015, 5.6 percent in 2016, 6.8 percent in 2017, 5.8 percent in 2018, 6.5 percent in 2019, according to the forecast.
Nominal GDP is projected to increase from 45 trillion tenge ($ 1 -182 tenge) in 2015 to 72.8 trillion tenge in 2019. GDP per capita will hit more than $13,900 in Kazakhstan in 2015 and will increase to $21,400 in 2019, according to the forecast.
Kazakhstan's exports will increase from $79.2 billion in 2015 to $93.5 billion in 2019, imports - from $50.1 billion in 2015 to $57.8 billion in 2019, National Economy Ministry believes.
Edited by C.N.