01.10.2008, 16:18 2741

Kazakhstan does not plan to increase public debt - Masimov

Kazakhstan does not plan to increase public debt. The Prime Minister of Kazakhstan, Karim Masimov, said at the round table for business circles on Tuesday, the agency reports.

Astana. October 1. Kazakhstan Today - Kazakhstan does not plan to increase public debt. The Prime Minister of Kazakhstan, Karim Masimov, said at the round table for business circles on Tuesday, the agency reports.

The state budget is balanced. "We can solve all the problems by tax revenues in the Republic," the Prime Minister explained.

"From the point of view of attraction of direct investments we have always been their supporters and we will create all conditions. It first of all concerns petrochemical manufacture," he noted.

"I do not think that in the near future we will see many investments from the US companies and Western Europe ... Now the potential market is the countries of the Persian Gulf and China that express big interest," K. Masimov noted.

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