User settings
+7 (701) 759 90 19 Лента
Astana: -19 °С
Almaty: -9 °С
USD 319.42 EUR 400.04
RUB 5.66 CNY 50.35
News

Kazakh PM notes improvements in macroeconomic situation in 2017

9 February 2018 12:21 735
Поделиться:
Kazakh PM notes improvements in macroeconomic situation in 2017

ASTANA. KAZINFORM - Prime Minister Bakytzhan Sagintayev reported on the work done by the Government of Kazakhstan to the President of the country during an extended session on Friday, Kazinform reports. 

In his report, Premier Sagintayev stressed that Kazakhstan managed to avoid dramatic scenarios only thanks to President Nazarbayev's timely decisions.

"The program of innovative industrialization was an ultimate response to the global financial crisis of 2007-2009. The second five-year plan of industrialization is currently underway in Kazakhstan (...) In early 2017 you announced the course towards the 3rd modernization of Kazakhstan," Sagintayev said in his remarks.


Kazakh PM notes improvements in macroeconomic situation in 2017

The Prime Minister also commended last year's growth of GDP.

"GDP growth amounted to 4%. That result is mainly thanks to non-resource sector. It demonstrates the sustainability of our economy and changes in its structure. Foreign trade turnover grew by 25% up to $69.5 billion. Private investment's growth totaled 6.9%. Macroeconomic situation improved, where the inflation rate went down," Sagintayev added.


Kazakh PM notes improvements in macroeconomic situation in 2017


Share in:
Employees online
Editor
Almas Zheksenbekov
Almas Zheksenbekov
954-048
Archive