Monday, 31 October 2005

KAZAKHSTAN AIMS AT RANKING AMONG 50 MOST DEVELOPED STATES

Published in News Digest

By empty (10/31/2005 issue of the CACI Analyst)

Kazakhstan is setting the aim of being put on the list of 50 most developed countries, President Nursultan Nazarbayev said on Monday. According to the president, “time is coming when the growth of the Kazakh economy makes it possible to set principally new tasks for the modernization of the society and the state”. Over the past seven years economy has been growing nine to ten percent a year on the average.
Kazakhstan is setting the aim of being put on the list of 50 most developed countries, President Nursultan Nazarbayev said on Monday. According to the president, “time is coming when the growth of the Kazakh economy makes it possible to set principally new tasks for the modernization of the society and the state”. Over the past seven years economy has been growing nine to ten percent a year on the average. GDP per capita has grown three times, from 1,130 dollars in 1999 to 3,400 dollars in 2005. Average monthly salaries, pensions and scholarships have also grown almost threefold. Healthcare expenditures have increased four times, while expenditures on science and education have grown threefold. “We are now setting new aims and tasks,” Nazarbayev said at a congress of the federation of the Kazakh trade unions. “Our aim is to rank among 50 most developed countries with high living standards,” the president emphasized. According to the Kazakh leader “the oil and gas sector, as well as all extractive industries” are the main donors in the implementation of that task. By 2012, Kazakhstan seeks to join the list of ten world exporters of oil. “The total amount of industrial production should grow more than twofold,” the president believes. “By the early 2010s, its share in the structure of GDP will grow by 40 percent as compared with 2005,” the Kazakh leader said. In the early 1990s, Kazakhstan had a modest 109th place as concerns competitiveness among the U.N. member-states. (Itar-Tass)
Read 2038 times

Visit also

silkroad

AFPC

isdp

turkeyanalyst

Staff Publications

  

2410Starr-coverSilk Road Paper S. Frederick Starr, Greater Central Asia as A Component of U.S. Global Strategy, October 2024. 

Analysis Laura Linderman, "Rising Stakes in Tbilisi as Elections Approach," Civil Georgia, September 7, 2024.

Analysis Mamuka Tsereteli, "U.S. Black Sea Strategy: The Georgian Connection", CEPA, February 9, 2024. 

Silk Road Paper Svante E. Cornell, ed., Türkiye's Return to Central Asia and the Caucasus, July 2024. 

ChangingGeopolitics-cover2Book Svante E. Cornell, ed., "The Changing Geopolitics of Central Asia and the Caucasus" AFPC Press/Armin LEar, 2023. 

Silk Road Paper Svante E. Cornell and S. Frederick Starr, Stepping up to the “Agency Challenge”: Central Asian Diplomacy in a Time of Troubles, July 2023. 

Screen Shot 2023-05-08 at 10.32.15 AM

Silk Road Paper S. Frederick Starr, U.S. Policy in Central Asia through Central Asian Eyes, May 2023.



 

The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

Newsletter

Sign up for upcoming events, latest news and articles from the CACI Analyst

Newsletter