Government • 24 January, 2020

Askar Mamin sets the tasks for Govt in 2020

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At the extended Government session chaired by the President Kassym-Jomart Tokayev, the Prime Minister Askar Mamin set the tasks for the current year, primeminister.kz reports.

The prime minister emphasized that the main priority of the Government is to increase real incomes and the quality of life of the population.

In 2020, the Government will continue to work in seven strategic areas: attracting investment, creating jobs with high productivity, developing infrastructure, export-oriented industrialization, fuel and energy and agro-industrial complexes, and digitalizing the economy.

To intensify investment activities, the Government formed a pool of more than 2 thousand projects worth 44 trillion tenge. Labor productivity is planned to increase to 8.2 million tenge per person (in 2019 — 7.4 million tenge per person).

In 2020, 15 million square meters of housing will be built. More than 150 thousand families will receive housing. As part of the Aul – El Besigi project, more than 800 projects will be implemented to develop high-quality engineering, transport and social infrastructure in 190 villages in accordance with new standards.

“In pursuance of your instructions, the key goal of the Government’s work for 2020 is to ensure economic growth at the level of 4.7-5%,” said Mamin.

The prime minister noted that in 2020 the Government was tasked with creating 430 thousand new jobs, bringing investments in fixed assets to 20% of GDP, increasing non-oil exports to $18.6 billion (+ $3 billion), and increasing real household income by 6% (+0.5 percentage points), bringing the share of SMEs in the economy to 30%.

“The main priority of the Government’s work is the transformation of economic growth into a real increase in the standard of living of our citizens,” summarized Mamin.

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