News by tag - Socio-economic development

Olzhas Bektenov: The President Sets the Task of Increasing Momentum with an Emphasis on Long-Term Results

During the Government session, Prime Minister Olzhas Bektenov issued a number of instructions following the programmatic interview of President Kassym-Jomart Tokayev entitled “Kazakhstan Has Entered a New Stage of Modernization” published in the Turkistan newspaper.

Growth in mechanical engineering, chemicals, and metallurgy: manufacturing output increased by 5.9%

At the Government session chaired by Prime Minister of the Republic of Kazakhstan Olzhas Bektenov, the results of socio-economic development for January–November 2025 were reviewed. Indicators in the areas of industry and construction were reported by Vice Minister of Industry and Construction Olzhas Saparbekov.

Growth of 20.3% and launch of large-scale railway projects: results of transport sector development

Growth in revenues and support for regions: 21.9 trillion tenge credited to the state budget

Despite the decline in global oil prices and external economic factors, Kazakhstan’s budget system is demonstrating resilience, and all social obligations will be fulfilled in full. Minister of Finance Madi Takiyev reported on budget execution for 11 months at the Government session.

Economic growth of Kazakhstan amounted to 6.4% in January–November 2025

At the Government session chaired by Prime Minister of the Republic of Kazakhstan Olzhas Bektenov, the results of socio-economic development for January–November 2025 were reviewed. A report was delivered by Deputy Prime Minister – Minister of National Economy Serik Zhumangarin.

Olzhas Bektenov on the tasks set by the Head of State: it is necessary to maintain the pace of economic growth by the end of the year

At the Government session chaired by Prime Minister Olzhas Bektenov, the results of the country’s socio-economic development and the execution of the republican budget for 11 months of the current year were reviewed.

Government approved forecasts for socio-economic development and the draft budget for 2026–2028

At a Government session chaired by Prime Minister Olzhas Bektenov, forecasts for socio-economic development for 2026–2028 and until 2035, as well as the draft republican budget for the upcoming three-year period, were approved. The volumes of general transfers for 2026–2028 were also reviewed.

Trade, manufacturing, agriculture and construction accounted for more than 70% of GDP growth

Deputy Prime Minister-Minister of National Economy Nurlan Baibazarov reported on the results of socio-economic development of Kazakhstan for 11 months of 2024 at the Government session. The country's economic growth was 4.4%. Growth in the real sector was 5%, production in the services sector increased by 4.5%.

Investments in education and communications increased by 79.3% and 81.7% respectively

Deputy Prime Minister – Minister of National Economy Nurlan Baybazarov reported on the results of socio-economic development of the country for 9 months of 2024 at the Government session.

Alikhan Smailov: Government priority to ensure stable economic growth of at least 6%

The results of socio-economic development of Kazakhstan and the implementation of the national budget for January-November of this year were considered at the Government session chaired by Prime Minister Alikhan Smailov.

Kazakhstan economy growth for 10 months amounts to 4.9%

Results of social and economic development and execution of the republican budget for Jan-Oct of this year were considered at the Government session chaired by Prime Minister of Kazakhstan Alikhan Smailov.

More than 8 trillion tenge transferred to state budget in five months of this year —Zhamaubayev

The Government reviewed the socio-economic development of Kazakhstan for the first 5 months of this year and execution of the national budget. The reports at the Cabinet meeting, chaired by Prime Minister Alikhan Smailov, were made by Minister of National Economy Alibek Kuantyrov, Deputy Prime Minister – Minister of Finance Yerulan Zhamaubayev, Chairman of the National Bank Galymzhan Pirmatov. 

Kazakhstan's economy grows by 4.5% in five months of this year

The results of Kazakhstan's development and performance of the national budget for January-May of this year were considered at the Government session chaired by Prime Minister Alikhan Smailov.