Investment in health and social services saw an 8.2% rise in January-August
Between January and August this year a total amount of investments channelled into health and social services has stood at 66.5 billion tenge, up by 8.2% (index of factual volume – 106%) over the same period of last year (61.5 billion tenge). The share of investment in health care of total investment in the fixed capital is at least 1%, Strategy2050.kz informs with reference to Energyprom.kz.
In 2018, the amount of investment in health went up by 26% (index of factual volume – 124.1%), totalling at 122.2 billion tenge.
Vice Minister of Health Kamalzhan Nadyrov said that the Health Ministry and local executive bodies see demand for investment in infrastructure development and procurement of expensive equipment by 2026. He added that there is a need for 1.5 trillion tenge to address the shortage and capital depreciation of the infrastructure, 279.5 billion of which will be provided from the national budget, 388 billion tenge from local budgets, 833 billion tenge through private investment.
He went on to say that the Ministry plans to carry out large investment projects, including construction of 15 multidisciplinary hospitals nationwide, 6 of which are under active development. According to him, to deal with the issues of infrastructure and equipment the Ministry needs to actively attract investors under the PPP principle.
For over 8 months of this year with 13.2 billion tenge of investment (4.6 billion tenge a year ago) Eastern Kazakhstan leads in terms of investment in health care and social services. Almaty is the second with 9 billion tenge of investment in the sector (9.2 billion tenge a year ago). Almaty region is the third – 7.6 billion tenge, 36% down compared to the same period of last year (11.9 billion tenge).
They are followed by Aktobe and Turkestan regions – 5.7 billion tenge and 4.7 billion tenge respectively.
Investment in health and social services from the national budget accounted for 38.1% of the total amount or 25.3 billion tenge in January-August this year, growing by 72% over the same period of last year (14.7 billion tenge).
The sector’s own funds made up 22.5 billion tenge, down by 5.3% within the year, accounting for 38.6% of the total amount.
Investment though bank loans in health care rose by over 2.5 times within the year and made up 1.6 billion tenge. Nevertheless, load proceeds declined by 45.9%, from 1.9 billion tenge in 2018 to 1.1 billion tenge in 2019.
