BAKU, Azerbaijan, Feb. 8
Trend:
Kazakhstan’s Prime Minister Alikhan Smailov spoke about the socio-economic indicators of last year at the government's expanded meeting, Trend reports referring to the government.
"According to the results of socio-economic development in 2021, GDP grew by four percent. The real sector has become the main factor in sustainable economic growth,” Smailov said. “The volume of industrial production reached 8.38 percent. Except mining industry, investments in the main economy grew by 9.5 percent. Foreign direct investments over the nine months of last year increased by almost 50 percent and amounted to $18.8 billion.”
The head of the Cabinet of Ministers also noted that over the 11-month period there was some growth in attracting foreign investments.
"Besides, in 11 months of last year, foreign trade turnover rose by 15.4 percent and reached $91.4 billion. Exports of goods increased by 25 percent and amounted to $54.5 billion, imports grew by 4.2 percent and equaled nearly $37 billion," added the prime minister.