The extraction sector provided the largest inflow of funds to Kazakhstan’s budget.
Topic: Economy of kazakhstan
France is one of the largest economic partners of Kazakhstan in the European Union.
Moreover, French President Emmanuel Macron may pay an official visit to Kazakhstan by the end of the year.
French companies plan to implement smart city project in Kazakhstan. T
Kazakhstan’s economic growth can reach 5.5% in the upcoming years. This was forecasted by experts of the IMF.
The fixed capital investment in Kazakhstan was increased by 25.3 per cent in the first five months of this year.
The mutual trade surpassed the US$3 billion in 2017, which is 38 per cent higher compared to 2016.
Trade between Kazakhstan and France totaled three billion dollars in 2017 compared to 2.5 billion dollars in 2016.