Some $36 bln to be allocated for 2nd stage of Kazakhstan's forced development program

He made the remarks on July 2 at a meeting with participation of the country's President Nursultan Nazarbayev. The minister pointed out that some six trillion tenge (183.52 tenge = $1) out of this amount will be attracted from the investments of quasi-public and private sectors. The budget funding will be equal to around 650 billion tenge and some one trillion tenge will be allocated from the National Fund, according to Dossayev. He stated that the 'financial leverage' method, envisaging attracting at least four tenge of private investments for each tenge of public investments, will be implemented, Kazinform refers to trend.az. "Additionally, from 2015, the Scheme of rational distribution of production facilities will be integrated into the General scheme of organization of the territory until 2030. As a result, the second stage of the forced development program will be coordinated with regional specificity. Each region will have its own economic specialization, which will avoid overlapping of projects," Dossayev said.