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Every fifth Astana citizen runs business

Akim of Astana Imangali Tasmagambetov. Photo courtesy of vesti.kz Akim of Astana Imangali Tasmagambetov. Photo courtesy of vesti.kz
Virtually every fifth Astana resident owns a business, Tengrinews.kz reports citing Astana Akim (Mayor) Imangali Tasmagambetov as saying at a meeting on the capital’s development.
“Although Astana city is the country's political and administrative center, its economy clearly responds to market demands. We are talking about active small and medium business. Private companies currently make almost 60 percent of the city’s economy. The number of registered small businessmen made 40,751 in the beginning of September 2012, which is 5.7 percent more than in 2011. And what is very important, the number of businessmen is growing in the city every year. In 2007 the number of entrepreneurs made 128 thousand people, whereas now there are 158 thousand. Almost every 5th Astana resident owns a business,” Tasmagambetov said. He added that trade was growing in the city: “In 2007 Astana share in the country's industry made 4.7 percent, in the first half of 2012 it made 3.6 percent. Starting from 2007 the share of Astana in the overall trade increased from 18 to 24.5 percent,” the Mayor said. According to Astana’s Akim, the growth of small and medium business helped improve the employment rate and the social climate in general. According to him, over 65 thousand jobs have been created in Astana since 2009, while the level of unemployment in 2012 decreased by 0.1 percent compared to the previous year and made 5.7 percent.
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