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Kazakhstan to reach GDP per capita of $15 000 by 2016: President Nazarbayev

03 may 2011, 12:45
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Nursultan Nazarbayev. Photo courtesy of Tengrinews.kz
Nursultan Nazarbayev. Photo courtesy of Tengrinews.kz
Kazakhstan intends to bring its GDP per capita to $15000, Kazakhstan’s President Nursultan Nazarbayev said when opening the IV Economic Forum today in Astana.

“We have set a task to join the club of high income countries by 2016, increasing GDP per capita to $15000”, President said.

According to him, as compared to 1994 the national economy has grown 13 times: from GDP per capita of $700 to $10000.

“I believe we are entering the path of sustainable economic growth (…) of 7%”, President said.

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