Система Orphus

Kazakhstan’s GDP rises to 3.6% in Jan 2020

11.02.2020 8614
At today’s session of the Government, Minister of National Economy Ruslan Dalenov informed the Cabinet members of the growth of the gross domestic product.
In his words, the results of January 2020 demonstrated positive dynamics in macroeconomic indicators.

In the first month of the year, GDP growth accelerated to 3.6% against 2.9% in 2019," he said.

Fixed capital investment increased to 3.1%.
Annual inflation made 5.6%, while the target corridor was set at 4-6%. Positive dynamics is observed almost in all basic sectors, the Minister noted.

Growth is observed in the following sectors: construction – by 12.5%, communications – 9.8%, commerce – 5.2%, industry – 4.1%, transport – 3.6% and agriculture – 2.6%," he added.

The agenda of today's Governmental session includes the following issues:
• Results of socio-economic development of Kazakhstan and the utilization of the national budget for January 2020;
• Measures to prevent the spread of coronavirus infection in the Republic of Kazakhstan.
 This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.

When citing our content a hyperlink to this Kazakhstan Today website is obligatory.


relevant news

Most read