29.05.2023, 21:50 89671

Number of SMEs rises by 27% in Kazakhstan in 2022

The number of small- and medium-sized enterprises rose 27% to 1.8 million in Kazakhstan last year, Kazinform correspondent reports.

Despite the difficult external environment, the real economic growth stood at 3.2% in 2022. An unprecedented $28bn worth of direct foreign investment, up 18%, was attracted to the country. It is the highest figure since 2012. Investments in fixed capital rose by 8% in real terms. Foreign trade increased 32% and stood at $134bn", - said Kazakh National Economy Minister Alibek Kuantyrov.


According to him, the number of small- and medium-sized enterprises rose 27% to 1.8 million in Kazakhstan last year.

The total number of those engaged in the sector rose by 13% and reached 3.9 million people. As a result, the share of SMEs in the economy increased from 33.5% to 36%. The international rating agencies confirmed Kazakhstan’s sovereign rating at the level of investment reliability. At the end of last week, the Fitch international agency affirmed Kazakhstan’s sovereign credit rating", - said the minister.


He went on to add that according to the plan, this year it is expected KZT18.3tln is to be invested in fixed capital, 22% more than in the previous year.
 

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