Events

During the meeting held at the President’s Almaty residence K.Massimov reported to the head of state on the main results of the country’s economic development for the first half of 2014 and informed on the plans of the Government for the second half of 2014.  

Nursultan Nazarbayev stressed the need for the provision of stability of main macroeconomic indicators and the situation in the foreign exchange market, as well as drew a special attention to an analysis of systemic risks in light of the current situation in the world finance market.  

K.Kelimbetov reported on a current state of the financial sector and the banking system of the country, as well as the National Bank’s currency and monetary policy.

According to the head of the National Bank’s data, real GDP growth reached 3,8% for the first quarter of 2014. Export of goods increased by 10,8% compared to the first quarter of 2013, reaching $22,7 billion and imports fell by 14,6% reaching $8,7 billion. According to preliminary figures, the amount of the National fund reached approximately $77 billion.

At the end of the meeting, the head of state gave a number of specific instructions on a provision of stability of the country’s financial system and maintaining the pace of economic development.