At the 37th Plenary Session of the Foreign Investors’ Council, President Kassym-Jomart Tokayev stated that Kazakhstan’s economy has managed to withstand global crises. This was reported by Akorda, according to Adyrna.
The Head of State described the Foreign Investors’ Council as a strong and reliable platform for strategic cooperation between the country and its international partners, emphasizing that the council will continue to successfully fulfill its mission. In his speech, he also addressed the impact of global challenges on the world economy.
According to expert forecasts, global GDP is expected to slow to around 2.9% in the coming years, which will increase economic pressure on all countries.
“Today, we are witnessing intensified inflationary pressures, disruptions in global supply chains, and growing uncertainty in the business environment. Such trends may further deteriorate the prospects for the global economy. This highlights the need for constructive international dialogue. Countries like Kazakhstan have been able to withstand external shocks during such turbulent times. In the first five months of this year, Kazakhstan’s economy grew by 6%, largely driven by the transport and logistics sector, construction, trade, mining, and manufacturing industries,” said the president.
Kassym-Jomart Tokayev also noted that Kazakhstan’s strategic geographical location, human capital, and comprehensive reforms provide ample opportunities for both investors and the national economy.
