Changes were incorporated into many key development targets at the Assembly’s ninth extraordinary session.
The gross domestic product (GDP) growth rate is now set to reach 8 per cent or higher, with the GDP scale this year expected to exceed $500 billion. The GDP per capita is projected to surpass $5,000, and the average consumer price index (CPI) growth rate is targeted at 4.5-5 per cent.
The legislation accorded top priority to improving institutional and legal frameworks and law enforcement.
The focus on resource allocation includes completing strategic infrastructure systems; clearing obstacles and effectively utilising public investment; reforming administrative procedures; improving the investment and business environment; and strengthening and renewing traditional growth drivers, domestic media outlets reported.
The document also stresses the necessity for a strong motivation to promote new growth drivers; develop new, advanced productive forces; and create breakthroughs in the development of science, technology, and digital transformation.
ALCHEMPro News Desk (DS)
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