CURRENT STATE OF ECONOMIC DEVELOPMENT OF THE REPUBLIC OF KAZAKHSTAN AND ITS PROSPECTS

The article examined indicators that have a certain impact on the energy efficiency of the Kazakhstani economy. Competent management of these factors will help move towards a more sustainable energy future and an energy‑efficient economy. In order to innovatively develop energy systems in Kazakhstan, a number of programs have been adopted at the legislative level. The state program of industrial and innovative development of the Republic of Kazakhstan was adopted with the aim of improving the competitiveness, financial stability, energy and environmental security of the Kazakhstan economy, as well as increasing the level and quality of life of the population by realizing the potential for energy conservation and improving energy efficiency through modernization, technological development and transition to the rational and environmentally responsible use of energy resources. Currently, the solution to the problem of highlighting the main problems of the industry is based solely on expert opinions; the organization of working advisory groups at the level of, for example, the governments of the regions and the country as a whole; analysis of reports of the work of individual large enterprises; analysis of trends in individual indicators; analysis of the work of the ministries responsible for the work of the fuel and energy sector. If we generalize the methods used to highlight the main problems, then all of them can be attributed exclusively to the least objective, extremely superficial and unreliable. At the same time, the correct distribution of financial and other always limited resources depends on the quality of this stage of strategic activity, as well as the results of the development of the industry and country as a whole. The complexity of the task is compounded by the many existing problems of the industry at this period of its development.

gross domestic product (GDP), energy intensity of GDP, gross regional product (GRP), energy efficiency, labor productivity, gross value added, inflation, competitiveness, employment, innovation.

Koksharov V. A., Jamanbalin B. K., Komissarova O. V. Current state of economic development of the Republic of Kazakhstan and its prospects. Business. Education. Law, 2019, no. 4, pp. 59–66. DOI: 10.25683/VOLBI.2019.49.454.