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Kazakhstan GDP per capita will reach $12.5 thousand

27 february 2012, 17:12
Casting shop. Tengrinews.kz stock photo
Casting shop. Tengrinews.kz stock photo
Kazakhstan GDP per capita will reach $12.5 thousand, Tengrinews.kz reports citing Kazakhstan Prime-Minister Karim Massimov as saying at the extended meeting of Nur Otan party.

"The volume of industrial goods will increase by 3.9 percent. Construction and the scope of works in real terms will grow 2.9 percent and 12.7 percent in trade," head of the Government said. According to Massimov stable market conditions will boost stable growth of export of goods up to $87.9 billion. As for the inflation, it will remain within the planned limits: 6-8 percent by the end of the year.

According to Prime-Minister, most of the invest-projects will be implemented by the Fund out of the money allocated for anti-crisis measures in 2008-2009. "Released anti-crisis money of the National fund make 398 billion tenge ($2.7 billion) as of today. Considering the expected return of another 24 billion tenge ($162.2 million) this year, the total funds will make 422 billion tenge ($2.9 billion). Thus, if using the anti-crisis money from the National Fund, there will be no need for additional funding from the state budget for the investment projects," Massimov added.

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