Economy of Kazakhstan has great potential - Doctor of Economics

KARAGANDA. KAZINFORM - Speaking at the enlarged sitting of the Government President N. Nazarbayev set certain tasks on development of the economy of the country, rector of the Economic University of Karaganda, Doctor of Economics Erkar Aimagambetov thinks.

"As you know, President Nursultan Nazarbayev earlier initiated the program called "Nurly-Zhol". At the enlarged sitting of the Government, the President set certain tasks before the Government on implementation of this program. Support of domestic production is important which is employment of population. We still need to pay attention to modernization and diversification of the economy. This is a complex approach, integration of different sectors. Eventually, it will allow to fully reduce dependence on raw materials and produce ready products," the scientists said.

He emphasized that the economy of Kazakhstan had a great potential. "The funds of the National Fund are used. Kazakhstan has great gold reserves," E. Aimagambetov said.

As earlier reported, the enlarged sitting of the Government was held with the participation of the President of Kazakhstan on February 11. The present state of the economy of the country and the measures for its future developed were discussed there.

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