ALMATY, Jan. 21 (Xinhua) -- Kazakhstan aims to boost its economy by at least 5 percent in 2026, the country's Deputy Prime Minister and Minister of National Economy Serik Zhumangarin said Wednesday.
To achieve this target, investment in fixed capital will be increased to 18 percent of GDP, with a focus on developing non-resource sectors, to boost labor productivity, technological modernization, and digitalization of the economy, the minister said.
Around 8 trillion tenge (about 15.8 billion U.S. dollars) will be allocated to support the real sector of the economy, with particular emphasis on deep processing clusters, he noted.
Measures would be taken to bring inflation down to 9 percent to 11 percent, with priority on expanding domestic food production and saturating the domestic market, Zhumangarin said.
He added that these comprehensive measures are expected to ensure growth in real household incomes of more than 2 percent this year, a key government priority. ■
