Kazakhstan's GDP exceeded 4% in six months due to increased volume of industrial production, construction, and agriculture. Investment was the key driver of the economic growth. It exceeded 3 trillion tenge in six months. Metals rose in price. The markets of the main trading partners were activated. All this positively affected the economy of Kazakhstan.

 

TIMUR SULEIMENOV, KAZAKH MINISTER OF NATIONAL ECONOMY:

 - In the first half of the year, investments in fixed assets grew by 3.7% and exceeded 3.2 trillion tenge. Investments are formed from various sources, both from enterprises’ own funds, loans, and from public funds. Therefore, the implementation of state and sectoral programs significantly affects the volume of investments in fixed assets.

 

Export volume increased significantly over five months, including metals, food products, products of inorganic chemistry and confectionery.

 

TIMUR SULEIMENOV, KAZAKH MINISTER OF NATIONAL ECONOMY:

 - Exports increased by 37.6%, reaching almost 20 billion. This is a significant growth. The growth was observed not only in the traditional oil and gas industry and minerals but also in deep processing, confectionery, and rice.

 

There is a positive trend in financial sphere as well. In the second quarter, banks issued loans worth more than 12 trillion tenge. Kazakhstan’s international reserves have also increased. Despite the positive trend, the government intends to ensure GDP growth by at least 4% by the end of the year.

Нашли ошибку в тексте? Выделите её мышкой и нажмите: Ctrl + Enter



Related

Comments