13.10.2006, 14:50 2604

Science financing to exceed 5 % off GDP by 2012 - President

Almaty. October 13. Kazakhstan Today - Volume of state financing of science in Kazakhstan will exceed 5 % off GDP by 2012, the President of the country Nursultan Nazarbayev informed today.

"We start reforming the management system of scientific and technical sphere of the country... For realization of the reforms the special state program of science development for 2007 - 2012 will be adopted, the Head of the State said at the anniversary session of the National Academy of Sciences of Kazakhstan.

"Science development demands large financial investments in the nearest years. We will go on substantial growth of financing of this branch," the President told having emphasized that no country in the world has allocated annually such money including the USA."

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