19.08.2009, 13:15 3248

GDP growth of Kazakhstan totaled 1.4 %

GDP growth of Kazakhstan for the first half of the year has been 1.4 %. The Minister of Economy and Budgetary Planning of Kazakhstan, Bahyt Sultanov, informed at the government session on the results of half a year, the agency reports.

Astana. August 19. Kazakhstan Today - GDP growth of Kazakhstan for the first half of the year has been 1.4 %. The Minister of Economy and Budgetary Planning of Kazakhstan, Bahyt Sultanov, informed at the government session on the results of half a year, the agency reports.

"The economy grew by 1.4% in June in relation to June of 2009," the Minister of Economy informed.

"The reached level and delay of rates of decrease of manufacture was owing to the undertaken anti-crisis measures along with some improvements of the world conjuncture of the price and demand." "Therefore, demand and the price of export goods in the international markets became the main factors of development of the economy of Kazakhstan in the first quarters of 2009," B. Sultanov said.

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