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PM of Kazakhstan reported to President on results of social and economic development for 9 months

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by October 19, 2016 Key Issues

The President of Kazakhstan emphasized that the basis for further effective implementation of the following year all the ongoing initiatives was created.
“First of all, amendments to the budget were introduced. All necessary government programs were accepted. In particular, it is clear the importance of a consistent industrial-innovative development of the republic and the adoption of measures to enhance the welfare of the population in the framework of “Nurly Zhol” program, which includes the establishment of an efficient transport and logistics infrastructure,” the head of state said.
In his report, Prime Minister noted the positive trend in all major indicators of socio-economic development of the republic. The inflation rate is stored in the preset parameters.
B.Sagintayev emphasized that the order given by the President of Kazakhstan at the enlarged session of the Government on September 9 this year, are executed in a timely manner. In particular, the allocation of additional funds in the amount of 481 billion tenge was approved in order to stimulate the further development of the national economy.
Prime Minister also drew attention to the implementation of Kashagan oil and gas field with the volume of production of 90 thousand barrels per day.
In addition, B. Sagintayev informed the President about the constant monitoring of prices, primarily for food and essential goods, the issues of uninterrupted supply of the population and social institutions of heat, as well as timely delivery of planned projects within the framework of the housing program.
Also, it was reported to N. Nazarbayev on the measures taken to further develop the country’s export potential.
The President of Kazakhstan emphasized that the country completed the harvesting campaign, and now the government needs to work out the issues of grain exports.
“There is a good crop in many countries, which is the largest producer of grain crops. Therefore, high level of competition in this market is expected. We have previously concluded an agreement on the export of grain in a number of countries. As part of these arrangements it is necessary to define volumes of delivered products,” N. Nazarbayev said.

Source: Kazakhtan 2050


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