National Bank gives Kazakhstani economic growth and inflation forecasts

Images | kazatomprom.kz

We are proud that our efforts in uranium prospecting and exploration are yielding results, contributing to strengthening Kazakhstan's position as a global leader in the uranium industry, which is especially important given the growing demand in the uranium market. I am confident that further research and development will significantly increase our uranium resources, contributing to global energy security and the economic growth of our country," emphasized Meirzhan Yussupov, CEO of Kazatomprom.

This year, within the framework of the Plan of priority actions to ensure economic growth, we must ensure growth in the industry at the level of 11.6% to last year. In general, for 6 months of this year, the volume of gross agricultural output increased by 3.4% and amounted to 1.6 trillion tenge," the Minister said.

For the first time, the volume of preferential lending for spring field work has reached 580 billion tenge at ‘pure’ 5% per annum. In previous years this volume did not exceed 180 billion tenge," Aidarbek Saparov said.

In order to reduce corruption risks, a lot of work has been done to improve the subsidy system. Introduced a mechanism of direct subsidization of interest rates of financial institutions at "pure" 5% per annum," the Minister of Agriculture said.

Under the project ‘Auyl Amanaty’ it is planned to issue about 17 thousand microcredits. In 2024, 100 billion tenge is envisaged, this month financed 5 areas for 5 billion tenge. Allocation of the remaining funds is under consideration," Aidarbek Saparov reported.

On the instructions of the Head of State, we together with the Ministry of Water Resources and Irrigation have a task to increase the area of irrigated land with the use of water-saving technologies up to 150 thousand hectares per year. The fact today is 56 thousand hectares, or 37%," the speaker noted.

The government has allocated preferential financing for leasing of domestic agricultural machinery at ‘pure’ 5%. Applications are already being accepted. Akimats of regions need to conduct explanatory work among agricultural producers and ensure the achievement of planned indicators. On the part of the Government all the necessary work has been done as soon as possible," the head of the Ministry of Agriculture reminded colleagues from the regions.

The planned volume of attracted investments in agro-industrial complex is 1.7 trillion tenge. At the end of 6 months of this year, this indicator for the republic amounted to about 410 billion tenge, or 24% of the plan," Saparov said.