Kazakhstan's GDP grows 6% in 11 months

Kazakhstan's GDP has grown 6% in real terms during the period from January to November 2013, the press-service of the Statistics Agency of Kazakhstan told Tengrinews.Growth of the short-term economic indicator (based on key industries of Kazakhstan that are responsible for 67-68% of the GDP: agriculture, manufacturing industry, construction, trade, transport and communication ) in 11 months of this year made 5.1%. Capital investments made $34 billion in January-November 2013, which is 8.7% more than in the 11 months of last year in real terms. Industrial production in January-November 2013 made $107 billion in current prices, which 2.3% more than in 11 months of 2012 in real terms.Recently, Minister of Economy and Budget Planning of Kazakhstan Yerbolat Dosayev announced that GDP growth in Kazakhstan made 5.8% in the January-October of 2013 and was expected to reach the 6% target by the end the year.Kazakhstan has to increase its GDP 5-fold to achieve its goal of joining the Top 30 most competitive countries of the world.