Kazakhstan’s GDP growth in January-July this year was 4%, said Minister of National Economy of the Republic of Kazakhstan Timur Suleimenov at the meeting of the RK Government, Kazpravda.kz correspondent reports.
"GDP growth in January-July this year was 4%, the main impetus to the growth of the economy was the weakening of inflationary pressures, high investment activity and positive dynamics in the main sectors of the economy," Suleimenov said. In addition, he said, inflation remains at a three-year minimum.
"Since the beginning of the year it was 2.7 percent, with annual inflation of 5.9 percent. As of August 1, the country's international reserves amounted to 87.7 billion US dollars, including assets of the National Fund - 56.8 billion US dollars, gold and foreign exchange reserves - 30.9 billion US dollars,"- added Suleimenov.
