ASTANA, Kazakhstan, August 13. In Kazakhstan, large-scale work is underway to diversify the economy with a focus on deep processing of raw materials, which has led to growth in the manufacturing industry, said Serik Zhumangarin, Minister of National Economy, at a press conference, Trend reports.
As per Zhumangarin's analysis, the data from January to July of
the current fiscal year indicates a 6.1 percent uptick in the
output metrics within the manufacturing sector.
“The expansion was realized through a surge in the output of
metallurgical goods and engineering services by 14 percent,
agri-food commodities by 9.2 percent, petroleum refining processes
by 8.6 percent, and chemical sector outputs by 6 percent,”
articulated Zhumangarin.
The extraction sector continues to exhibit robust expansion
metrics, registering an impressive growth rate of over 8.5 percent.
This phenomenon can be attributed to an uptick in hydrocarbon
extraction, with oil production escalating by 11.9 percent, natural
gas output surging by 14.3 percent, and coal mining advancing by
10.6 percent.
Today, a press conference is taking place in the Government of Kazakhstan with the participation of Deputy Prime Minister and Minister of National Economy of the Republic of Kazakhstan Serik Zhumganarin. The topic is the progress in fulfilling the instructions of the President of Kazakhstan and the results of the country’s socio-economic development over 7 months.
