WEEKLY REVIEW: Kazakhstan reviewed socio-economic forecast for 2011 towards improvement


Kanat Kulshmanov

WEEKLY REVIEW: Kazakhstan reviewed socio-economic forecast for 2011 towards improvementThis week has become very significant for Kazakhstan’s economy. The country’s Government reconsidered the socio-economic forecast for 2011 and approved amendments to the revised budget for 2011-2013.

On Monday, September 12, the Cabinet made amendments to the rules on direction of the citizens for treatment abroad at the expense of the budgetary funds.

On Tuesday, September 13, Kazakh Minister of Economic Development and Trade Kairat Kelimbetov presented the revised socio-economic development forecast for 2011 at the governmental meeting. “The country’s economic growth stands at 7%, that is 2% higher than the February forecast and 5% correspond to indicative economic development indexes, outlined in the tasks set by the Head of State,” he said.

“According to the revised forecast Kazakhstan plans to produce 81 mln tons of oil this year. According to the data of the Oil and Gas Ministry, the country’s oil recovery is expected to grow this year by 1.9% against 2010,” Kelimbetov added.

“According to the revised forecast Kazakhstan plans this year to increase volume of industrial output by 6% exceeding the earlier projected index by 1.2 percentage points,” Minister of Economic Development and Trade Kairat Kelimbetov stated introducing the revised socio-economic development forecast for 2011. As Kelimbetov said, mining and processing industries projected growth by 3.6% and 9.7% correspondingly will boost industrial-production growth.

Finance Minister of Kazakhstan Bolat Zhamishev presented the draft law “On amendments to the revised national budget for 2011-2013”. “The Government of Kazakhstan will increase social spending by almost KZT 41 bln in 2011. The means will be forwarded to financing free medical attention through the guaranteed amount of aid, strengthening of material and technical base of healthcare organizations, and welfare payments gain, construction of day-care centres, development of Nazarbayev University,” the Minister said.

Both documents were approved by the Government.

The same day Vice Prime Minister-Minister of industry and New Technologies Asset Issekeshev chaired a visiting meeting on the issues of further development of “Information technologies’ park” free economic zone. A.Issekeshev positively estimated the work conducted on project content of the park.

On Wednesday, September 14, Prime Minister Karim Massimov has congratulated President of the Russian federation Dmitry Medvedev on his birthday. “Dear Mr. Dmitry Medvedev! I congratulate You on Your birthday. I wish You success in Your work for the benefit of Russia,” K.Massimov posted on his Twitter page.

The same day K.Massimov took part in opening of Digital Communications Kazakhstan 2011 exhibition. In his speech the Premier emphasized that today Kazakhstan is on a path of rapid development in the field of information and communication technologies and the Kazakh Government considers that in partnership with the leading companies of the world, with opportunities of development of our domestic companies our country’s economy have a chance to become more competitive in all spheres.

According to the Premier, this sector development will give an impetus for dynamic development of education, medicine, industry and other fields.

Kazakh Minister of Communications and Information Askar Zhumagaliyev has told at the conference that the number of domain names increased to 62,000, the number of Kaznet users raised to 6.5 mln people and the number of views of the Kazakhstani sites – to 12.3 mln.

According to him, implementation of a number of projects promoted rapid development of Kaznet.

On Thursday, September 15, within Digital Communicatoins Kazahstan-2011 exhibition Vice Prime Minister-Minister of Industry and New Technologiees Asset Issekeshev held a meeting with representatives of large IT-companies.

A.Issekeshev reminded to the foreign investors, that Kazakhstan implements the state program of forced industrial and innovative development, and here the major role plays metallurgy, chemistry, engineering oil processing. “But important role Kazakhstan pays to the sector of information and communication technologies, and the President pays great significance to the innovations development in the country,” the Vice Prime Minister noted.

“We invite all investors to work in Kazakhstan with the Ministry of Communications and Information and SamrukKazyna National Welfare Fund on joint projects,” A.Issekeshev stated.

On Friday, September 16, Minister of Communications and Information of Kazakhstan Askar Zhumagaliyev and Kazakhstan Temir Zholy JSC president Askar Mamin have installed a new 3,951 km long fiber optic communications line.

Astana-Pavlodar-Semey-Aktogai, Shu-Arys-Kyzylorda-Kandyhas, Kokshetau-Novoishimskaya-Kostanay railway lines tapped into the new line. As stated there, the project is an important stage of the railway service informatization program.