Government defined main goal of Kazakhstan's economic policy for next five years

ASTANA. September 20. KAZINFORM The major goal of the economic policy for 2012-2016 will be ensuring balanced economic growth at the level of 7 percent annually. Minister of Economic Development and Trade Kairat Kelimbetov has announced at the session of the parliamentary faction of Nur Otan People's Democratic Party.

photo: QAZINFORM

"It will be promoted by ensuring macroeconomic stability at the expense of coordinated monetary and fiscal policies and curbing the inflation level in the planned corridor of 6-8 percent," K.Kelimbetov noted.

The Minister outlined that creation of the basis for steady economic growth will be implemented by acceleration of diversification through the forced industrialization.

"There will be created a system of state support of industrial-innovative activity and entrepreneurship within implementation of the Industrialization Program," K.Kelimbetov said.