ASTANA, Kazakhstan, June 21. The government of Kazakhstan will make every effort to achieve economic growth of 6 percent, said Prime Minister Olzhas Bektenov during a speech in parliament, Trend reports.
"The government of Kazakhstan will make every effort to achieve economic growth of 6 percent, despite the difficult geopolitical situation and the current situation with its main trading partners. Today, good growth rates of 8 percent are demonstrated in the construction, transport, and communications sectors. Against the backdrop of large-scale floods, a certain decline in trade was noted. However, today, the growth dynamics in this area are actively recovering," he said.
The Prime Minister also presented specific measures being implemented to achieve economic growth:
- it is planned to introduce at least 18 million square meters of housing in the construction sector;
- new preferential mortgage programs of Otbasy Bank - "Otau" and "Nauryz" - were launched;
- an additional 272 billion tenge (about $590 million) was allocated for the construction of rental housing;
- construction, reconstruction, and repair of more than 12,000 kilometers of roads are planned;
- the necessary infrastructure will be provided to the territories of 13 special economic and industrial zones, as well as small industrial zones;
- thanks to the construction of new gas networks, it is planned to supply gas to an additional 87 settlements;
- construction of gas processing plants is underway;
- to support local producers, the list of exemptions from the national regime has been expanded fourfold. At the beginning of the year, it consisted of about 1,000 products, now it contains more than 4,000 items;
- financing of the agro-industrial complex has been increased four times;
- 100 billion tenge (about $216.8 million) was allocated for updating agricultural machinery under a new leasing program.
"These are the main large-scale measures that we are currently implementing. They will ensure economic growth," the PM noted.