ASTANA: Head of State of Kazakhstan Kassym-Jomart Tojkayev on Thursday chaired a meeting focusing on the economic and social development of the country as well as the government’s projections for the medium term at the Akorda presidential residence, local media reported.
Prime Minister Olzhas Bektenov, head of the Presidential Administration Aibek Dadebayev, the chairmen of the National Bank, the Supreme Audit Chamber, the government and other officials attended the meeting.
The Kazakh President during the meeting was briefed about the key indicators of the social and economic development, execution of the budget in seven months of this year as well as the macroeconomic parameters of the budget for the next fiscal year.
It was noted that the government predicts the economic growth to stay at 5.6% as well as inflation slowdown to 5.5-7.5% for the next year.
President Tokayev directed the government to enhance the quality of projections of the key economic indicators and budget, and introduce mechanisms to prioritize state spending both at central and local levels.
