Poll reveals Russians take pride in country’s symbolsSociety & Culture August 21, 13:15
Press review: Moscow works to cool off US-North Korea spat and Japan eyes peace treatyPress Review August 21, 13:00
Passenger ground effect vehicle seating 100 to be created in Russia in 2020-2022Military & Defense August 21, 12:35
Australian cyclist Perkins gets Russian passportSport August 21, 12:21
St. Petersburg buyer scoops up Yeltsin’s limousine for over $330,000Society & Culture August 21, 12:20
US suspends procedure of issuing nonimmigrant visas throughout Russia as of August 23World August 21, 11:59
Four victims of Surgut stabbing remain in grave conditionWorld August 21, 11:21
Russian Arctic National Park to set up reserve area on Novaya ZemlyaSociety & Culture August 21, 9:36
Iranian president calls defending nuclear deal top priorityWorld August 21, 8:20
ASTANA, January 17. /ITAR-TASS/. If Kazakhstan wants to see itself among 30 developed economies of the world, its GDP must expand at an annual rate of at least four percent, President Nursultan Nazarbayev said in his annual state-of-the-nation address on Friday.
“Plans in the economy are to achieve an annual GDP growth of at least four percent. We can grow even further, but we are taking this average middle-term figure,” he added. Besides, the president gave instructions to ensure a growth in investment in the economy “from the current 18% of GDP to 30% of GDP”.
“The Organization for Economic Cooperation and Development (OECD) brings together 36 countries producing 60% of global GDP at the moment. Another six countries are candidates for joining the organization, and all these countries have undergone a path of deep modernization, have high figures of investment, research and development, labor productivity, business development and living standards of the population,” the Kazakh president said.
“Indices of OECD countries taking into account their future long-term performance, are our basic reference points on the road towards being listed among 30 developed economies of the globe,” the president said, setting the task “to adopt certain standards of the OECD in Kazakhstan”. They will be reflected in the concept of the country’s state program Kazakhstan-2050, Nazarbayev said.