The real sector of the economy – a factor in the planned economic recovery

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The real sector of Kazakhstan’s economy is a key source of growth, the basis for macroeconomic stability and the guarantee of the stable functioning of public systems. This sector of the economy forms 38.6% of the national GDP. At the same time, oil and gas companies provide the lion’s share of tax revenues to the state budget.

Due to the situation in the hydrocarbon market in the midst of the pandemic coronavirus infection in 2020, industrial production in Kazakhstan dropped to 99.3% of the figure for 2019.

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