Economic indicators for 11 months are very positive.

"During this time our country has developed successfully and comprehensively. Dynamic development was provided in all spheres. The industry is making a breakthrough - an increase of 7.3%. While last year there was a decrease. There are several reasons for this. Oil production and manufacturing industry are growing above the plan. For example, we expected 8.3% growth in oil production, but we already have the growth of 10.9%. In the manufacturing industry, growth was expected at 4.5%, but we already have 5.2%," the vice minister explained.

At the same time, there are also sub-industries in which demonstrate a significant growth. For example, in the chemical industry, the MNE RK expected an increase of 1%. In fact, it was 6.2%. In pharmaceuticals, the growth was expected to be only 9.6%, but it showed 42%.

In addition, according to Ruslan Dalenov, other important sectors of the economy are also at a good level, showing the planned growth. For example, natural gas production grew by 10%, agriculture grew by 2.3%, refining by 5.5%, trade by 2.8%, transport - by 4.9%.

The financial sector and investments are not lagging behind the locomotives of the economy. For example, the number of loans extended grew by 6.3%, the growth of investments in fixed assets was 5.7%.

"All this led to the economic growth in the 11 months of 2017 amounted to 3.9%. At the same time, according to the forecast, the world economic growth for this year is 3.6%. That is, the increase in the economy of Kazakhstan is higher than in the world economy," Ruslan Dalenov summed up. 

Source: primeminister.kz