ASTANA, Kazakhstan, June 3. Kazakhstan's international reserves approach $100 billion, said the President of Kazakhstan Kassym-Jomart Tokayev during a meeting with the speakers of the chambers of parliaments of the Collective Security Treaty Organization (CSTO) countries, Trend reports.
"Kazakhstan's GDP reached $265 billion. In 2023, over $23 billion of foreign direct investment was attracted. The country's international reserves approached $100 billion. According to IMF forecasts, this year, GDP per capita in Kazakhstan will grow by 13 percent and amount to almost $15,000. A decree I signed recently ensures freedom of entrepreneurship, competition, reduced government intervention, and lower business expenses to lay the groundwork for economic reform. The decriminalization of economic offenses has increased company rights and legitimate interests," he said.
The President of Kazakhstan also expressed satisfaction with the active growth of trade between the CSTO countries.
"The volume of trade between Kazakhstan and Russia in 2023 reached $26 billion, Kyrgyzstan reached $1.571 billion, Tajikistan reached $1.13 billion, and Belarus reached $912 million," Tokayev said.
Meanwhile, Kazakhstan's foreign trade turnover was $139.8 billion from January through December 2023, up 3.2 percent from 2022.
At the same time, exports totaled $78.6 billion (in nominal terms, 7 percent less than the same time in 2022), and imports grew by 20.1 percent, totaling $61.1 billion.
