changes that are being implemented , the fruit of clearly targeted efforts in this direction, we will be telling the truth.
During this period, the volume of investments in the real sector of the country's economy also increased year by year. Foreign direct investments were actively attracted, especially in the oil, gas and textile industries, their share became more significant.
As a result, GDP grew by 7.7% for the first time in 2004. Also, as a result of strict monetary policy, the inflation rate was the lowest - 3.7 percent for the first time.
The tax burden was reduced for the sustainable development of production and thus the sector was supported . Simplifying the tax system and reducing fees has become one of our priorities. In particular, the reduction of the single tax payment to 13% was an important factor in the further development of business activity. In the same year, GDP grew by 7 percent.
Ensuring stable economic growth (9.5 percent) in 2007 is primarily the result of modernization and diversification of the economy, increasing the percentage of deposits in the banking system, in particular, in deposits, which are one of the sources of wealth of the population, and structural reforms in the housing and communal economy. . In addition, the establishment of large industrial, communication, infrastructure facilities , the improvement of the unified system of national transport communications created a solid foundation for this.
For the past two years, such good deeds have been done continuously. Due to such a steady policy, in the current situation where the financial and economic crisis prevailed in the world, not only the volume of GDP in the national economy was kept at the level of previous years, but also stable economic growth continued consistently.
In the current situation, it is certainly not possible to achieve a regular positive result from a macroeconomic point of view. At its core lies the hard work to ensure that my country is no less than anyone else, a far-seeing rational policy, and an ardent desire for a bright future for you and our children.
Therefore, we must realize how valuable this noble action is for each of us.
the head of our state noted , the numbers are on their way, but behind them are the labors and economic foundations that depend on the lifestyle, future, and fate of thousands, hundreds of thousands, and millions of our compatriots. But we don't always understand it deeply. This is why at the end of the year, these indicators are repeatedly mentioned, analyzed, compared with the results of previous years!
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