During the Government session, the outcomes of Kazakhstan's socio-economic development for the period from January to September of the current year were comprehensively analyzed.
The Deputy Prime Minister and Minister of National Economy, Nurlan Baibazarov, reported that during the reporting period, the economic growth reached 4%. The positive dynamics in the real sector amounted to 5%, while the services sector recorded a growth of 3.8%.
Among the sectors, the most significant growth is exhibited by agriculture and construction. The transportation services sector experienced an increase of 8%, while communications rose by 6.4%, trade by 6.3%, and manufacturing by 4.8%.
Growth rate of investments in fixed assets reached 0,6%. Investments increased in communications by 81.7%, education by 79.3%, transportation by 31.1%, manufacturing by 6.3%, and health care by 4.8%.
From January to August, the external trade turnover of the republic amounted to $91.7 billion. Exports reached $53.5 billion, including processed goods worth $17.8 billion, while imports totaled $38.1 billion. Overall, Kazakhstan's positive trade balance stands at $15.4 billion.
The manufacturing industry maintains a positive growth rate. Production volume increased by 4.8%, with the mining industry experiencing a growth of 1.2%.
From January to September of the current year, 12.4 million square meters of housing were commissioned, reflecting a 6.2% increase compared to the same period last year.
Agriculture has entered an active growth phase. Due to accelerated harvesting of grain crops, the industry's output has increased by 11.4%. In crop production, growth reached 17.8%
According to N. Baibazarov, to ensure economic growth, central and local executive authorities must focus on the following measures:
1. Ensure the effective utilization of investment budgets with stringent oversight of expenditure amounts;
2. Ensure the achievement of the planned oil production volumes by the end of the year;
3. Samruk-Kazyna Holding to ensure that the group of companies increases the purchase of products from domestic producers;
4. Complete the collection of grain in full, Kazakhstan Temir Zholy JSC and interested government agencies to ensure uninterrupted transportation and sale of grain, including for export.

Source : https://www.gov.kz/memleket/entities/economy/press/news/details/864933