15.06.2009, 11:21 2521

International reserves of the country total $43 billion

The President of Kazakhstan, Nursultan Nazarbayev, during the session of the Council of Foreign Investors said despite reduction of prices on export of goods, Kazakhstan's international reserves have stabilized at the level of $43 billion, the agency reports.

Kostanay. June 15. Kazakhstan Today - The President of Kazakhstan, Nursultan Nazarbayev, during the session of the Council of Foreign Investors said despite reduction of prices on export of goods, Kazakhstan's international reserves have stabilized at the level of $43 billion, the agency reports.

"We have allocated for realization of the anti-recessionary measures more than $19 billion that is 14 % of GDP of the country. We now have the first positive results," N. Nazarbayev said.

According to the President, it was possible to stabilize the problem of employment of the population. "About 100 thousand workplaces have been created owing to the budgetary investments into infrastructure, transport, and social objects in the country. Unemployment rate reached 7.2 % and there is a confidence it will not increase," he said.

"We have achieved stabilization of the financial system. Volumes of credits in the economy have grown and inflation has been lowered," the President of Kazakhstan informed.

This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.

Found an error in the text?

Select the error and press Ctrl + Enter at the same time.

relevant news

Most viewed