Government OKs forecast of socio-economic development for 2015-2019
ASTANA. KAZINFORM - At yesterday's meeting Government of the Republic of Kazakhstan approved the social and economic development of Kazakhstan for 2015-2019, the press service of the Ministry of National Economy informs.
Real GDP growth in 2015 is expected to reach 5.0%, in 2016 - 5.6%, in 2017 - 6.8%, in 2018 - 5.8% and in 2019 - 6.5%. Nominal GDP will grow from KZT 45 trillion in 2015 to KZT 72.8 trillion in 2019. GDP per capita in 2015 will be amounted to more than USD 13.9 thousand and to USD 21.4 thousand in 2019. Exports will increase from USD 79.2 billion in 2015 to USD 93.5 billion in 2019. Imports will grow from USD 50.1 billion in 2015 to USD 57.8 billion in 2019. The inflation corridor is forecast in the range of 6-8% with a consequent reduction in the medium term to the level of 5-7%. In the medium term, the main directions of economic and social policies include maintaining of macroeconomic and financial stability; sustainable economic growth; further innovative industrialization of the economy; social modernization; regional development and management of urbanization process; further formation of public administration; international integration.