Following results of 7 months in 2020, positive dynamics remains in basic sectors of economy of Kazakhstan 

At the government session chaired by the Prime Minister Askar Mamin, the results of the country's socio-economic development and the execution of the republican budget for January-July 2020 were considered. 

Minister of National Economy Ruslan Dalenov, Chair of the National Bank Erbolat Dossaev, Minister of Finance Yerulan Zhamaubayev reported on the state of the economy, banking sector, execution of the republican budget, local content in public procurement. Minister of Industry and Infrastructure Development Beibut Atamkulov and Minister of Energy Nurlan Nogayev reported on the state of industry and energy sectors, Minister of Agriculture Saparkhan Omarov spoke on agro-industrial complex, Akims of Almaty Region Amandyk Batalov, Akmola Region — Yermek Marzhikpayev, Mangystau Region — Serikbay Trumov, Atyrau Region — Makhambet Dosmukhambetov, Aktobe Region — Ondasyn Urazalin reported about the development in regions. 

Following the results of seven months of this year, positive growth dynamics remains in the basic sectors of the economy. In the manufacturing industry, an increase of 3.8% was ensured, of which in mechanical engineering — by 13.9%, food production — by 4.1%, pharmaceuticals — by 23.2%, light industry — by 7.3%, manufacturing paper — by 15.7%, chemical industry — by 3.6% and production of finished metal products — by 18.6%. Construction volumes increased by 6.3%, housing commissioning — by 7.5%, or about 7 million squared meters. In agriculture, a steady growth of 2.5% is provided. 

In the context of the need to fulfill the agreements reached by OPEC +, a decrease in oil production (-1.4%) is observed, which directly affected the overall performance of the mining industry (a decrease of 0.4%). In other important areas of the mining sector, positive dynamics persist: production of coal increased by 2.6%, metal ore — by 2.3%, natural gas — by 0.9%. 

In conditions of quarantine, there is a decrease in indicators in the service sector (-6.2%). This is especially true for trade (-11.9%), transport (-15.6%), administrative services (-5.3%) and real estate operations (-4.3%). 

Akmola, Almaty, East Kazakhstan, Zhambyl, Kostanay, Mangystau and North Kazakhstan regions, the cities of Nur-Sultan and Almaty ensured the growth of socio-economic development in 5 out of 7 key indicators. Positive dynamics in 4 indicators was achieved in Karaganda, Turkistan, Pavlodar, Aktobe regions and the city of Shymkent. Growth in only 3 indicators was recorded in Atyrau, Kyzylorda and West Kazakhstan regions. 

“The regions need to work more actively and ensure the effective implementation of all measures taken to restore economic growth, including within the framework of government programs. It is necessary to ensure maximum support for domestic production, attraction of investments, promotion of export, maintenance of employment and creation of permanent jobs,” Mamin said. 

The head of government instructed to activate the work of regional anti-crisis headquarters, to promptly consider and make appropriate decisions on issues raised by entrepreneurs.

Stay updated about the events of the Prime Minister and the Government of Kazakhstan - subscribe to the official Telegram channel

Subscribe