In 2000 Kazakhstan expects economic growth and investments inflow

12.01.00 00:00
/IRBIS, Jan.12, 00/ - According to REUTERS, which cites Kasymzhomart Tokaev, head of the government, Kazakhstan expects stable economic development and to 3-4% economic growth by the end of 2000. The "restrain - optimistic" (according to the prime minister) forecast, was constructed on the base of analysis of the world financial and commodity markets favorable for Kazakhstani export of oil, metals, grain. "Ours external economic aspiration will be directed to the Custom Union and first of all to the Russian Federation. The market of Russia represents for us a large interest", - has told head of the government. It concerns power, oil and gas pipelines and about a railway transport. In his opinion, Kazakhstan has managed to generate quite good legislative base, but could not overcome a unfair competitiveness and corruption. The government, has added Tokaev, should achieve a power and gas independence of Kazakhstan. "This is one from the prime goals of the government", - has told Tokaev. According to Tokaev, the government has not intention to revise results of privatization. "The only it is possible to make in this situation is to extract lessons from experience of privatization and to not repeat errors hereafter" - he has added. The prime minister hopes, that Kazakhstan will manage to execute the blue chips program and to renew the stock market. "The government will be consider the non-risky projects and will direct there the pension fund means", - has told Tokaev.