Kazakh Economy Grows by 4.3%

The economic growth in Kazakhstan was at 4.3% since the beginning of this year, the First Vice-Minister of the National Economy of Kazakhstan Ruslan Dalenov said Tuesday during a government meeting, MENAFN reported. “After the slight slowdown of 4% in July, the economic growth accelerated to 4.3% during the eight months of this year, according to preliminary estimates. Foreign trade has grown by almost a third and inflation has slowed down within the target corridor. Moody’s and S&P rating agencies improved the outlook for the sovereign credit rating from negative to stable,” Dalenov said.