During the period of industrialization in Kazakhstan from 2015 to 2019, development of eight export-oriented sectors in five fields will be a priority.
Zhenis Kasymbek, Kazakhstan Minister for Investments and Development, said at the government session that these will be ferrous and non-ferrous metallurgy, oil refining, petrochemistry and agrochemistry, manufacture of food products, machine building and electro-technical machine-building.
In the past development of 14 sectors in six fields was a priority in the industrialization program.—0—
Economics
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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