economy

GDP growth accelerated to 3.6% in this January – Kazakh national economy minister

According to Ruslan Dalenov, national economy minister of Kazakhstan, in January of 2020 the positive trends in macroeconomic indicators were achieved, Strategy2050.kz correspondent reports.

11 February, 2020 10:11

SMEs’ 28.5% share in GDP contributes to Kazakh economic growth

The formation of small and medium-sized businesses is an important component of the market economy of each state; the SME segment contributes significantly to the intensive development of the country. Since the beginning of the year, an upward trend in economic growth has been observed. According to the results of the first half of the current year, the GDP increased by 4.1%, and already by the end of 11 months, the growth amounted to 4.4%, Ranking.kz informs.

26 December, 2019 09:47

Kazakh PM held a meeting of Green Economy Transition Council

A meeting of the Council on the transition to a green economy under the President of Kazakhstan took place under the chairmanship of Kazakh Prime Minister Askar Mamin, primeminister.kz informs.

20 December, 2019 09:37

1360 projects in 24 sectors of processing industry launched during industrialization years in Kazakhstan

The industrialization program allowed domestic enterprises to achieve competitiveness in the export of about 50 new products. The expansion of the manufacturing industry in the country made it possible to create about 137.1 thousand new jobs. And the production of highly profitable goods attracted the attention of foreign investors, whose investment volume reached 34.2 billion US dollars, FinReview.info reports.

13 December, 2019 11:47

Kazakh economy grew by 4.4% within 11 months

At a government meeting, chaired by Prime Minister Askar Mamin, the outcomes of the country's socio-economic development and the implementation of the republican budget for January-November 2019 have been considered, primeminister.kz informs.

13 December, 2019 10:34

Investments in Kazakh economy seen a 8.2% growth within 10 months

Over 10 months of 2019, Kazakhstan’s GDP growth has accelerated to 4.4%, Ruslan Dalenov, Kazakh national economy minister, has told a government session today, Strategy2050.kz reports.

12 November, 2019 11:44

Doing Business rankings: Kazakhstan joins top 25, two years ahead of schedule

Kazakhstan climbed 3 spots up in the Doing Business rankings and entered the top-25 countries in terms of running business, Zhaslan Madiyev, vice minister of national economy, said at a press conference on the development of entrepreneurship and the ways to improve a business climate of Kazakhstan, Strategy2050.kz informs.

28 October, 2019 17:16

China invested $1.5 bn in Kazakhstan’s economy

The volume of mutual trade between the two countries in the first half of 2019 increased by 31% and reached 6.8 billion US dollars. Annual investment flows of China increase by an average of 22%. China remains one of the largest foreign trade partners of Kazakhstan. Read more in the article below.

29 August, 2019 11:57

Government approves Kazakhstan’s 2020-24 socio-economic development forecast

The reporting and statistical GDP figures for 2018 and the economic development for the 7 months of the present year, the renewed forecasts of world economic growth and tendencies on the global commodity markets have served as the underlying factors in determining a forecast of social and economic development of the country for 2020-24, Kazakh National Economy Minister Ruslan Dalenov reported this information at the Government meeting.

27 August, 2019 17:03

How Kazakhstan curbs shadow economy

Kazakhstan has recently changed the rules to measure the grey economy to meet the international standards. While sectors such as commerce and construction take the most share in the grey economy, the Kazakh Finance Ministry seeks ways to diminish the level of grey economy within the country through different ways.

8 August, 2019 16:07

Kazakhstan’s ‘KazAutoProm’ hits new record with 57% of the market

With LADA, Hyundai, KIA, Chevrolet, Skoda making a list of popular locally manufactured cars, Kazakhstan’s “KazAutoProm” has edged towards 57% of the market by the end of February 2019, according to the company’s data for two months of this year.

18 March, 2019 14:49

INFOGRAPHICS: The world economy

24 October, 2018 17:15