Reports of the implementation of the master plan for social-economic development in 2015 showed that the growth of total domestic product this year is at 6.68%, the highest for the past 8 years, and higher than the set target of 6.2%. The driving force for the economic growth was the recovery and growth in industrial production, increased exports and domestic consumption.
However, weaknesses of the economy were also mentioned. Key issues are lower prices for agro-produce, difficulties in balancing the state budget due to low crude oil prices, a high deficit, increased public debt and repayment issues, and a slow equitisation process. In the morning, the government and local authorities contributed comments on the draft government resolution on key tasks to be implemented to develop economic growth in 2016 and state budget planning for next year./.
