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

Government sums up results of socio-economic development for first half of 2020

Friday, 10 July 2020, 15:07:06

At the extended government session chaired by the President Kassym-Jomart Tokayev, the Prime Minister Askar Mamin reported on the results of the country's socio-economic development for the first half of 2020 and the measures taken to further develop the economy.

The Head of Government noted that amid global negative trends in the first half of this year, Kazakhstan's GDP fell by 1.8%. At the same time, steady growth was observed in the real sector of the economy. The production of goods grew by 4.1%.

The main drivers were construction (+11.2%) and manufacturing (+4.8%), the growth of which was achieved due to the automotive industry (46%), pharmaceuticals (24%), production of metal products (20%), light industry (8%), production of rubber and plastic products (8%) and paper (15%). Positive dynamics was also noted in the mining industry (2.2%). Housing commissioning in the country grew by 7.3%. At the same time, amid the introduction of the state of emergency and restrictive quarantine measures, a decrease in the services sector by 5.6% for 6 months of this year was noted. Annual inflation was 7%.

Growth in all key indicators of socio-economic development at a level above the national average was achieved in the Karaganda and North Kazakhstan regions. All the main indicators in the positive zone are observed in Kostanay, Almaty, Zhambyl, Akmola, East Kazakhstan regions, as well as the cities of Nur-Sultan and Almaty, separate indicators in the negative zone are in the West Kazakhstan, Turkistan, Aktobe regions, as well as Shymkent. The Kyzylorda, Atyrau, Pavlodar and Mangystau regions lag behind the national average level for most indicators.

“Under current conditions, the main task of the government is to mitigate the negative consequences of the coronavirus pandemic and the global crisis, and to maintain employment in the country. Large-scale measures are taken for this,” said Mamin.

The head of government noted that during the state of emergency 2 packages of urgent and operational measures (March 23 and 30, 2020) were taken to stabilize the economy and support the people. As part of the Comprehensive Plan for Restoring Economic Growth, by the end of 2020, specific sectoral measures are being implemented to stimulate business activity, support employment and incomes. Work is underway to formulate the a new Strategic Plan until 2025, which will determine the main guidelines for the country's new economic course for the medium term.

As part of the implementation of the Employment Roadmap and government programs, measures to create employment have covered more than 1.2 million citizens. Under the new Employment Roadmap, more than 6.1 thousand out of 6.5 thousand projects have been launched, 146 thousand people have been employed. The construction and reconstruction of 5.5 thousand km of republican and 4 thousand km of local roads have started. For 6 months of 2020, 800 km of water supply and sanitation networks were reconstructed, 21 regional gas supply projects in the amount of 13.7 billion tenge are being implemented.

As part of the industrialization map, 160 projects will be implemented in the fuel and energy and agricultural sectors, metallurgy, chemical and light industry, construction industry, engineering and pharmaceuticals in the amount of 1.1 trillion tenge.

According to the results of the first six months, the volume of investments in fixed assets in the agricultural sector increased by 19% compared to the same period last year to 232 billion tenge, and into processing — by 16.6% to 40 billion tenge. This year, the total sown area of ​​crops increased to 22.5 million hectares. For 6 months of this year physical agricultural exports grew by 14.9% from 4.7 to 5.4 million tons. As a result of the implementation of projects to increase and restore water availability, the total volume of irrigated land will increase from 1.5 million hectares in 2020 to 2 million hectares in 2022.

As part of the development of Kazakhstan as a global data hub, 32 traditional and 17 large mining data processing centers with attracted investments of more than 110 billion tenge were built. Until 2024, an additional investment attraction of 633 billion tenge and the creation of 2,000 new jobs are planned.

The prime minister emphasized that the government will continue to implement a countercyclical macroeconomic policy lightening the tax burden on businesses and directing budget expenditures to maintain economic activity. Work will continue on the development of human capital, the implementation of institutional reforms, conditions have been created for the massive attraction of foreign direct investment and the development of digital infrastructure.

“The government will take all necessary measures aimed at solving the problems of stabilizing the economy, ensuring the sustainability of employment and supporting incomes,” said Mamin.


News feed
05 August 2020, 13:01
Prime Minister Askar Mamin informed about SK-Pharmacy’s measures to provide drugs to combat COVID-19
04 August 2020, 19:52
Interdepartmental Commission considers issues of Kazakhstan's access to complex of candidate vaccines for COVID-19
04 August 2020, 11:22
2.6 million students to study in distance format from beginning of academic year — Ministry of Education and Science
04 August 2020, 10:11
By new academic year, Government will provide computers to 500 thousand students from most needy families
04 August 2020, 10:03
Positive trend observed in fight against COVID-19 in Kazakhstan
04 August 2020, 10:02
Daily increase in incidence of COVID-19 in Kazakhstan decreased on average by almost one and half times — Ministry of Healthcare
04 August 2020, 09:56
In Kazakhstan, 4,422 schools provided with high-speed Internet over 8 Mbps
03 August 2020, 16:04
Government session to be held Aug. 4 in Ukimet Uyi
03 August 2020, 14:20
New program of Housing Construction Savings Bank "Zhas Otbasy" started July 1 in Kazakhstan
03 August 2020, 14:10
In 2021, Housing Construction Savings Bank plans to issue mortgage online
03 August 2020, 14:00
Transforming Housing Construction Savings Bank into Otbasy Bank and providing Kazakhstanis with housing — interview with Lyazzat Ibragimova
03 August 2020, 10:47
Shakhmardan Baimanov appointed chair of Committee on Youth and Family Affairs of the Ministry of Information and Social Development
03 August 2020, 09:32
Anuar Dzhumadildayev appointed chair of Treasury Committee of the Ministry of Finance
02 August 2020, 17:30
Video Digest: Main events of the week, No. 71
31 July 2020, 08:29
Prime Minister Askar Mamin congratulates Kazakhstanis on Kurban Ait
30 July 2020, 18:30
Yerbol Ospanov appointed vice minister of labor and social protection of the population
30 July 2020, 17:15
Increasing yield, ensuring phytosanitary safety and training of research personnel — how agricultural science develops in Kazakhstan
30 July 2020, 16:04
Allen Chaizhunussov appointed chair of the Board of QazExpoCongress
30 July 2020, 13:09
Prime Minister Askar Mamin instructs to develop additional measures to support business
30 July 2020, 08:58
Roman Sklyar's working trip to Tatarstan: Creating joint ventures and implementing investment projects
29 July 2020, 20:56
Interdepartmental Commission takes special control over implementation of President’s instructions
29 July 2020, 16:57
Increasing lending to SMEs, providing employment and social benefits to population — Ruslan Dalenov on measures to support economy
28 July 2020, 21:37
Mortgage on favorable terms and construction of affordable housing — development of housing construction in Kazakhstan
28 July 2020, 19:03
Prime Minister Askar Mamin holds meeting on development of Kyzylorda region
28 July 2020, 11:17
During pandemic, Internet and electronic government services became the first necessity — Bagdat Mussin
28 July 2020, 10:20
E-commerce market amounted to 435 billion tenge in first half of 2020
28 July 2020, 10:13
In first half of 2020, e-commerce in Kazakhstan increased by one and half times
28 July 2020, 10:06
Epidemiological situation in Kazakhstan stabilizing
28 July 2020, 10:00
Since introduction of quarantine in Kazakhstan, 29% decrease in CVI cases recorded
27 July 2020, 14:26
Government session to be held July 28 in Ukimet Uyi
27 July 2020, 12:03
Changing approaches to provision of medical care reduced burden on bed capacity of Almaty — Nadyrov
27 July 2020, 11:37
After launch of mobile resuscitation teams in Almaty, number of deaths from COVID-19 decreased
27 July 2020, 11:21
Nadyrov on COVID-19 in Almaty: Unloading hospitals, switching to telemedicine and forming drug warehouse
25 July 2020, 13:22
Video Digest: Main events of the week, No. 70
24 July 2020, 18:45
Tugzhanov in Mangystau region: Meeting with medical workers and checking warehouses of SK-Pharmacy
23 July 2020, 19:07
President Kassym-Jomart Tokayev receives Prime Minister Askar Mamin
23 July 2020, 17:24
Personnel training, teaching basics of entrepreneurship, expanding microcrediting in rural areas — how Enbek State Program implemented in Kazakhstan
23 July 2020, 09:07
COVID-19 Operational Headquarters strengthens control in regions
22 July 2020, 18:42
Eliminating spontaneous dumps, separating solid waste and protecting environment — Ministry of Ecology reports on implementation of President's instructions
21 July 2020, 22:49
COVID-19 situation stabilized in Kazakhstan: Daily growth in number of cases reduced, number of recovered increased
21 July 2020, 22:03
Kazakh-Russian plant for 1,200 new jobs to be built in Zhambyl region
21 July 2020, 14:09
Regions need to actively support projects until they receive the status of subsidized — Atameken NCE
21 July 2020, 12:19
Production of building materials in Kazakhstan increased 3.3 times — Ministry of Industry and Infrastructure Development
21 July 2020, 11:05
Over 2 thousand projects worth half a billion tenge approved under Economy of Simple Things
21 July 2020, 11:04
Number of ambulance calls reduced by 23% in two weeks — Ministry of Healthcare of Kazakhstan
21 July 2020, 10:54
Kazakhstan reaches stabilized level of epidemiological situation
20 July 2020, 18:39
Asel Zhanassova appointed vice minister of trade and integration of the Republic of Kazakhstan
20 July 2020, 17:47
Prime Minister Askar Mamin introduces First Vice Minister of Digital Development Bagdat Mussin
20 July 2020, 16:47
Investments — key to sustainable and high-quality economic growth
20 July 2020, 16:16
Government session to be held July 21 in Ukimet Uyi
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.