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

Over 9 months in Kazakhstan, investments in healthcare increased by 85.7% — Ministry of National Economy

Tuesday, 13 October 2020, 10:22:05

Results of the country’s socio-economic development and implementation of the republican budget were discussed at the government session chaired by the Prime Minister Askar Mamin. Minister of National Economy Ruslan Dalenov reported on the state of the economy.

According to the minister, in September 2020, there was a change in the trend in the positive direction. Activity in the service sector resumed. Growth continues in the real sector.

“In September, there is a revival of the economy, the number of industries with positive growth has increased. As a result, according to operational data, the GDP growth rate improved from minus 3% in 8 months to minus 2.8% in January-September. Annual inflation remained at the level of 7%,” Dalenov informed.

In the real sector, positive growth accelerated, amounting to 2.2%. Almost all branches of the real sector and certain types of services demonstrate positive growth rates. These are construction, information and communication, agriculture, manufacturing.

There is a decrease in indicators in transport and trade, administrative services, in real estate transactions, accommodation and food.

“If we consider September separately, then many service sectors began to show recovery growth. The growth factors were export, production, investments in non-extractive sectors,” Dalenov stressed.

So, for 8 months, exports amounted to $31.9 billion, which ensured a trade surplus of $8.1 billion. Exports of finished and processed products increased. In January-August of this year the export of automobiles increased 5.7 times, ferrosilicon — 5.4 times, sunflower oil — by 86.1%, iron bar — by 33.1%, titanium ingots — by 9.5%.

For 9 months, production in the manufacturing industry increased: automotive industry by 51.6%, pharmaceuticals — by 39.8%, finished metal products — by 18.9%, paper products — by 15.1% and light industry — by 14.1 %.

At the same time, investments in the economy as a whole are growing, excluding the mining industry. Investments in healthcare increased by 85.7%, communications — by 62.4%, water supply — by 27.4%, housing — by 25.2%, agro-industrial complex — by 15.1%, processing — by 7.3% and transport — by 5.7%.

“Most industries showed positive growth in September. These are agriculture, construction, education, technical and financial activities, trade, transport and others. Thus, the indicators for September demonstrate the revival of business activity, the service sector is recovering,” the minister said.

For industry as a whole, production volumes have been preserved. At the same time, the mining industry decreased by 2.2%, while the manufacturing industry grew by 3.3%.

Most regions are experiencing industrial growth. The largest increase was shown by Kostanay, Akmola, North Kazakhstan regions. The decrease was recorded in 5 regions. These are Kyzylorda, Mangystau, Atyrau, East Kazakhstan regions, as well as Shymkent.

Along with this, the output of the manufacturing industry increased by 3.3%. Pharmaceuticals, finished metal products, mechanical engineering, including the automotive industry, and light industry demonstrate high growth rates.

In the context of regions, the greatest growth is noted in Kostanay, Turkistan, Akmola regions. The decrease took place in 4 regions. These are Aktobe, West Kazakhstan and East Kazakhstan regions, as well as Shymkent.

“Investments in fixed assets in the amount of 8.3 trillion tenge were attracted. Investment growth is observed in 13 regions. Of these, the best indicators are observed in the Turkistan region and the city of Shymkent. A decrease was recorded in 4 regions. These are Kyzylorda, Atyrau, West Kazakhstan and Karaganda regions,” the minister said.

In addition, the construction sector is showing a steady pace. The volume of work performed increased by 10.5%. Active construction works are noted in the Turkistan region and Shymkent. 9.6 million sq. m of housing were put into operation. This is 9% more than in the same period last year.

The general situation in the regional context by 7 economic indicators is as follows.

According to 5 indicators, positive growth is noted in 7 regions. These are Akmola, Almaty, Zhambyl, Kostanay, Pavlodar and North Kazakhstan regions, as well as Shymkent. Also, 7 regions recorded growth in 4 indicators. This is the average level.

In 3 regions, positive growth is observed only in 3 indicators. These are Atyrau, West Kazakhstan and Kyzylorda regions.

Taking into account the measures taken to restore business activity, central and local executive bodies need to focus on the following aspects.

  1. Investments. Ensuring the achievement of the target for investment projects.
  2. State programs. Active implementation of projects within the framework of the state programs Nurly Zher, Nurly Zhol, SPIID and Employment Roadmap.
  3. Lending. Accelerated selection and consideration of SME projects for lending under state business support programs.
  4. Business. Ensuring business activities in compliance with sanitary standards and mask regime.
  5. Prices. Monitoring prices for all types of socially important goods and taking appropriate measures to prevent growth.
  6. Efficiency. Effective use of budgetary funds aimed at supporting the economy.

News feed
14 June 2021, 22:49
Government session to be held June 15 in Ukimet Uyi
11 June 2021, 18:36
Askar Mamin and EU ambassadors discuss cooperation in green economy development
08 June 2021, 16:29
Askar Mamin launches construction of gas processing plant at Kashagan field
01 June 2021, 10:30
Child Welfare Index to be introduced in Kazakhstan in 2022
01 June 2021, 10:01
Economy of Turkistan region to grow 1.5 times in 5 years — Askar Mamin
01 June 2021, 09:49
Improvement in sanitary and epidemiological situation noted in Kazakhstan
31 May 2021, 20:03
Government session to be held June 1 in Ukimet Uyi
28 May 2021, 17:32
Askar Mamin proposes to develop Strategy for Ensuring Food Security in CIS countries
27 May 2021, 12:54
Board of Directors approves adjustments to Development Strategy and Optimization of Structure of Baiterek Holding
25 May 2021, 11:30
Implementation of optimistic scenario for CVI directly depends on proactive position of citizens regarding vaccination — Alexey Tsoy
25 May 2021, 10:56
Main emphasis of Employment Roadmap made on creation of permanent jobs — Ministry of Labor and Social Protection of the Population
25 May 2021, 09:45
300 billion tenge to be allocated for implementation of Employment Roadmap in 2021
25 May 2021, 09:34
Prime Minister Askar Mamin instructs to increase vaccination rate
24 May 2021, 19:11
Government session to be held May 25 in Ukimet Uyi
18 May 2021, 18:06
Askar Mamin visits Pavlodar region on a working trip
18 May 2021, 13:04
Incidence of coronavirus decreased by 20% over past two weeks in Kazakhstan
18 May 2021, 12:49
Heating season in Kazakhstan went smoothly — Nurlan Nogayev
18 May 2021, 10:58
Prime Minister Askar Mamin chairs meeting of Investment Headquarters
18 May 2021, 10:45
Government reviews progress of preparations for heating season
18 May 2021, 09:50
Government considers sanitary and epidemiological situation
18 May 2021, 04:31
Government session to be held May 18 in Ukimet Uyi
17 May 2021, 18:27
Providing medical services, supporting rural medicine, working during pandemic — results of Social Health Insurance Fund for 2020 and first quarter of 2021
14 May 2021, 17:27
Askar Mamin meets with World Bank Vice President Anna Bjerde
14 May 2021, 16:46
Development of mass sports, domestic tourism and plan of events for celebration of 30th anniversary of Independence of Kazakhstan — Aktoty Raimkulova on work of the Ministry of Culture and Sports
14 May 2021, 16:02
Askar Mamin meets with Minister for Development Cooperation and Foreign Trade Ville Skinnari
14 May 2021, 15:12
New package of measures to ensure food security to be implemented in Kazakhstan
14 May 2021, 12:44
Government holds meeting on stabilizing food prices
13 May 2021, 17:51
Askar Mamin meets with head of Orano French nuclear company Claude Imauven
13 May 2021, 17:22
Mobile applications, quality of communication and internet, online provision of public services — on digitalization in Kazakhstan
12 May 2021, 18:44
Marat Sultangaziev appointed Vice Minister of Finance
12 May 2021, 18:20
Kanat Baedilov relieved as Vice Minister of Finance
12 May 2021, 18:12
Ali Altynbayev appointed chair of State Revenue Committee of the Ministry of Finance
12 May 2021, 13:42
Machine-building industry of Kazakhstan shows stable growth of 120.6% — Beibut Atamkulov
12 May 2021, 13:04
By 2024, Kazakhstan’s market to be provided with domestic goods by 100% — Bakhyt Sultanov
12 May 2021, 12:38
In Kazakhstan, business activity index remains in growth zone for second month in a row — National Bank
12 May 2021, 12:33
Over 18 billion cubic meters of gas produced in Kazakhstan in the first quarter of 2021 — Nurlan Nogayev
12 May 2021, 10:38
Qualitative changes observed in structure of economic growth of Kazakhstan — Ministry of National Economy
12 May 2021, 10:28
In first quarter of 2021, gross agricultural output increased by 3% — Saparkhan Omarov
12 May 2021, 09:55
Following results of 4 months of 2021, economy of Kazakhstan entered a growth path
12 May 2021, 00:33
Government session to be held May 12 in Ukimet Uyi
11 May 2021, 10:13
Government considers development of cryptoindustry and blockchain technologies
09 May 2021, 08:10
Prime Minister Askar Mamin congratulates Kazakhstanis on Victory Day
07 May 2021, 08:05
Prime Minister Askar Mamin congratulates Kazakhstanis on Defender of the Fatherland Day
06 May 2021, 22:28
Measures to restore economic growth, construction of schools and modernization of social infrastructure — on projects implemented in East Kazakhstan region in 2020
04 May 2021, 13:34
Over 24 thousand business entities to be provided with microcredits in 2021 — Aset Irgaliyev
04 May 2021, 11:47
About 1.5 million people or 15% of eligible population vaccinated in Kazakhstan — Ministry of Healthcare
04 May 2021, 11:32
Yerzhan Meiramov appointed chair of Telecommunications Committee of Ministry of Digital Development, Innovation and Aerospace Industry
04 May 2021, 10:02
Government considers measures to support SMEs
04 May 2021, 09:45
Pace of vaccination should be increased — Askar Mamin
03 May 2021, 19:06
Government session to be held May 4 in Ukimet Uyi
© 2019 - 2021 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.