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Rates of growth of investments in intermediate term period to reach 8 - 8.6 % - Economics Ministry

Astana. September 12. Kazakhstan Today - Rates of investments' growth in the intermediate term period in Kazakhstan will reach 8 - 8.6 %. The Minister of Economics and Budgetary Planning, Bahyt Sultanov, informed during presentation of the bill on the Republican budget for 2009 - 2011 in Majilis of Parliament of Kazakhstan on Thursday, the agency reports. "The basis for the balanced economic growth is expected to be stimulation of investment process when steady rates of growth of investments will reach 8 - 8.6 % and will pass ahead of GDP growth rates," B. Sultanov said. Mid-annual growth of volume of industrial production in 2009 - 2013 will make 4.6 % and growth of gross agricultural production - 3.5 %. Mid-annual growth of construction works is expected at the level of 8 %. "Transportation services will increase on average by 4.1 % and range of communication services will increase by 18.4 %," the Economics Minister informed.

Resourse: Kazakhstan Today

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