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Tokayev on country’s economic growth outlook

10 June 2021 19:37

NUR-SULTAN. KAZINFORM – President of Kazakhstan Kassym-Jomart Tokayev talked about prospects for economic growth of Kazakhstan, Kazinform correspondent reports.

During a meeting of the Foreign Investors’ Council, the Kazakh President said that the global economic crisis also affected Kazakhstan with the external trade turnover standing at $85bn last year – 13% less than in 2019.

He expressed satisfaction that Kazakhstan’s non-primary exports fell only by 2.8% and stood at $15bn. He added that during the year of crisis it was possible to attract over $18bn of DFI.

In his words, last year 41 investment projects worth $1.6bn were commissioned with international participation. Over 7 thousand jobs were created.

«Kazakhstan’s economic growth picks up as well as the global economy. The government predicts the growth of 3.5% or more. Aside internal consumption and investments the economic model also considers exports as a key factor of economic development,» said the President.