Emblem
Official Source of the
Prime Minister of the
Republic of Kazakhstan
Menu
Emblem
Close button

Over 11 months, Kazakhstan's economy grew by 4.4%

Friday, 13 December 2019, 08:47:05

At the government session chaired by Prime Minister Askar Mamin, the results of the country's socio-economic development and the implementation of the republican budget for January-November 2019 were considered.

Minister of National Economy Ruslan Dalenov, Chairman of the National Bank Erbolat Dossaev and First Deputy Prime Minister – Minister of Finance Alikhan Smailov reported on the state of the economy, the banking sector, the implementation of the republican budget, and local content in government procurement.

The economy of Kazakhstan shows a stable growth trend — in January-November 2019, GDP growth amounted to 4.4% compared to the corresponding period last year. Positive dynamics is observed in construction — 12.1%, trade — 7.5%, transport — 5.6%, manufacturing sector, including engineering — 19.2%, automotive — 64%, light industry — 16.6 %, non-ferrous metal production — 6.8%, coke and oil products — 5.3%, metal ore production — 15.7%, communication services — 4.7%, industry — 3.6%. The assets of the National Fund increased by 4.3% to $60.5 billion, revenues to the republican budget — 9,595.7 billion tenge (100.2% of the plan), the growth rate was 117.6%.

Elbasy Nursultan Abishevich Nazarbayev and Head of State Kasym-Jomart Tokayev set us the task of ensuring stable economic growth,” Mamin said.

The prime minister instructed the heads of branch ministries and regions to take all necessary measures to bring indicators to planned values.

The head of government positively noted the work of the akimats of Aktobe, Zhambyl, East Kazakhstan, Karaganda and Turkistan Regions, which have experienced high growth in the economy over the 11 months of this year, lagging akimats indicated the need for appropriate measures to correct the situation with problematic indicators.

Akims and heads of state bodies were heard who allowed the non-development of budget funds.

On the revenue side of the budget, the current year plan has been overfulfilled. However, a number of administrators nevertheless allow non-development of budget funds,” Mamin said.

The head of government instructed the administrators of budget programs to take measures to the full utilization of allocated budget funds by the end of the fiscal year (December 20, 2012).


News feed
04 August 2021, 11:08
Analytical Credit Rating Agency affirmed Kazakhstan's credit rating at BBB+, outlook stable
03 August 2021, 14:59
New package of measures to support SMEs prepared in Kazakhstan — Aset Irgaliyev
03 August 2021, 12:20
Experience of Zhambyl region in increasing incomes of rural population to be scaled in other regions of Kazakhstan
03 August 2021, 12:11
55.4% of eligible population vaccinated in Kazakhstan — Alexey Tsoy
03 August 2021, 11:56
Government reviews implementation of anti-crisis measures to support business
03 August 2021, 11:55
Experience of Zhambyl region in increasing incomes of rural population showed its effectiveness — Askar Mamin
03 August 2021, 11:37
Askar Mamin — ASHYQ project allows businesses to work under quarantine conditions
02 August 2021, 16:05
Government session to be held Aug. 3 in Ukimet Uyi
30 July 2021, 18:52
Yeraly Tugzhanov: The state will create all conditions for the operation of responsible SME facilities
30 July 2021, 18:02
Alibaba, Amazon, Mundus Agri — Kazakhstan's e-commerce expands its borders
30 July 2021, 17:34
Memorandum of Understanding signed between Government of Kazakhstan and ArcelorMittal Temirtau JSC
29 July 2021, 16:53
Half-year results: Dynamics of socio-economic development of Aktobe region shows stable growth
29 July 2021, 14:04
Popularization of national projects and brands to unite Kazakhstanis in reviving national traditions — Yeraly Tugzhanov
29 July 2021, 03:46
Oil production, construction of schools and active development of tourism — what projects implemented in Mangystau region
28 July 2021, 18:20
Industrial cooperation and cross-border trade — Kazakhstan expands trade and economic cooperation with neighboring countries
27 July 2021, 17:55
Interdepartmental Commission decides to strengthen quarantine measures in several cities of Kazakhstan
27 July 2021, 15:04
Prime Minister Askar Mamin meets with Minister of Transport of Uzbekistan Ilkhom Makhkamov
26 July 2021, 16:24
Prime Minister Askar Mamin receives delegation of Astrakhan region, Russian Federation
26 July 2021, 15:58
Kazakhstan and Eni to develop alternative energy sources
24 July 2021, 11:39
Askar Mamin holds telephone conversation with Prime Minister of Tajikistan Kokhir Rasulzoda
23 July 2021, 20:20
Council for Transition to Green Economy considers issues of unauthorized dumps
23 July 2021, 19:40
Today, 8 million doses of vaccine used in Kazakhstan — Ministry of Healthcare
23 July 2021, 09:44
Kazhmukhan Bekmukashev appointed Chairman of the Committee for Geodesy and Cartography of Ministry of Digital Development, Innovation and  Aerospace Industry
22 July 2021, 18:49
Prime Minister of Kazakhstan visits Aktobe region on a working trip
21 July 2021, 18:27
Yeraly Tugzhanov chairs meeting of Interdepartmental Commission on Preventing Spread of Coronavirus Infection
21 July 2021, 15:38
Askar Mamin's working trip to Mangystau region: Tourist, transport and engineering infrastructure, agro-industrial complex, digitalization
19 July 2021, 21:23
Board of Baiterek Holding considers implementation of President’s instructions
19 July 2021, 18:20
Rustem Bigari relieved as Vice Minister of Education and Science
19 July 2021, 15:46
Prime Minister Askar Mamin instructs to intensify work on forage preparation
16 July 2021, 16:13
Largest Russian car producers AVTOVAZ, RENAULT RUSSIA and KAMAZ to continue industrial cooperation between the two countries
14 July 2021, 18:38
Gabit Syzdykbekov appointed First Deputy Head of the Office of the Prime Minister of the Republic of Kazakhstan
14 July 2021, 17:20
Prime Minister Askar Mamin instructs to strengthen quarantine measures in 4 regions
13 July 2021, 17:59
For 5 months of 2021, domestic trade grew by 15.8% compared to the same period last year — Bakhyt Sultanov
13 July 2021, 16:15
Government discusses organizational issues for conducting population census in 2021
13 July 2021, 16:08
Meeting of Interdepartmental Commission on Regulation of Entrepreneurship held in the Government
12 July 2021, 19:10
Interdepartmental Commission adopts package of measures to prevent the spread of coronavirus infection
12 July 2021, 14:48
Askhat Oralov relieved as Vice Minister of Information and Social Development
10 July 2021, 16:55
National Bank of Kazakhstan preparing pilot project for implementation of digital tenge
10 July 2021, 16:21
Prime Minister Askar Mamin introduces new Vice Minister - Acting Minister of Agriculture, Yerbol Karashukeyev
09 July 2021, 09:15
Kanat Iskakov appointed chair of Information Committee of the Ministry of Information and Social Development of Kazakhstan
07 July 2021, 20:36
Marat Karabayev appointed Vice Minister of Industry and Infrastructure Development of the Republic of Kazakhstan
07 July 2021, 19:36
Yeraly Tugzhanov chairs meeting of Interdepartmental Commission on Preventing Spread of COVID-19 in Kazakhstan
06 July 2021, 17:35
Prime Minister Askar Mamin congratulates Kazakhstanis on the Day of the Capital
03 July 2021, 19:26
Anuar Akhmetzhanov relieved as First Vice Minister of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan
02 July 2021, 17:22
Askar Mamin chairs meeting of EDB: The Bank’s 2022-2026 Strategy approved
02 July 2021, 17:20
Askar Mamin holds meeting on development of Almaty agglomeration
02 July 2021, 13:43
Askar Mamin instructs to complete reconstruction of Altyn Orda traffic intersection in October 2021
02 July 2021, 13:08
Askar Mamin instructs to complete construction of Saryarka and Dostyk stations of Almaty metro by the end of 2021
02 July 2021, 12:05
Interdepartmental Commission discusses epidemiological situation after detection of COVID-19 mutation characteristic of Delta strain
02 July 2021, 08:30
Askar Mamin instructs to complete construction of BAKAD by the end of 2022
© 2019 - 2021 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.