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Kazakh Prime Minister reports to Head of State on social and economic development results over 9 months

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by October 19, 2016 Education

Prime Minister of Kazakhstan Bakytzhan Sagintayev reported to the Head of State Nursultan Nazarbayev on the results of social and economic development of the country over the 9 months of 2016 and on implementation of key state programs. This was informed by Akorda Press Service.
President of Kazakhstan stressed that there is a basis for next-year further effective implementation of all the ongoing initiatives.
“First of all, the budget has been properly amended; the necessary state programs have also been adopted. In particular, there is a clear need to ensure the consistent industrial and innovative development of the country and to take measures aimed at enhancing the welfare of citizens within the “Nurly Zhol” development program, which provides for creating effective transport and logistics infrastructure,” Head of State said.
Prime Minister in his report noted the positive trend in all major indicators of social and economic development of the country. The inflation rate is stored at the preset parameters.
B. Sagintayev stressed that instructions given by the President at the enlarged session of the Government on September 9 this year, are executed in a timely manner. In particular, additional funds in the amount of 481 billion tenge were allocated in order to stimulate the further economic development of the country.
The Prime Minister also drew attention to the launch of Kashagan oil and gas field with production volume of 90 thousand barrels a day.
Also, B. Sagintayev informed the President on the constant monitoring of prices, primarily on food and basic necessities, the issues of uninterrupted heat supply for citizens and social institutions, as well as timely delivery of scheduled objects within the housing program.
N. Nazarbayev was also informed on measures taken for further development of export potential of the country.
The President told about finishing harvesting campaign and the Government`s need to work out the issues of grain exports.
“Many largest producers of grain crops have great harvest. A high level of competition is therefore expected in the market. We have previously concluded the agreements on grain crops export in a number of countries. There is a need to define the volumes of exported products within the arrangements,” N. Nazarbayev said.

Source: Government of the Republic of Kazakhstan

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