The economic growth of Kazakhstan in 2023 reached 5.1%. The volume of investments in fixed capital increased by 13.7% and reached $39.5 billion, with $19.7 billion of direct foreign investments attracted in the first 9 months of 2023, as reported in the presentation by Prime Minister Alihan Smailov. He presented the main development outcomes of Kazakhstan for 2023 and the implementation of reforms in the socio-economic sphere to President Kassym-Jomart Tokayev, the official website of the President of Kazakhstan announced.
The number of people employed in small and medium-sized businesses increased by 14% (by 500,000 people) to 4.3 million people. Due to joint measures by the government, the National Bank, and regional akims, the inflation rate was successfully reduced by 2 times to 9.8%.
The foreign trade turnover increased by 2.2% and amounted to $126 billion, with a positive trade balance exceeding $16 billion.
President Tokayev was informed that all social commitments by the country's government are being fulfilled in a timely and complete manner. In 2023, the solidarity pension was indexed by 10.5%, and since the beginning of the current year, an additional 9% increase was implemented.
Overall, social support has reached 4.5 million Kazakhstanis, with an allocation of 4.6 trillion tenge for this purpose.
CentralasianLIGHT.org
January 23, 2024