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Kazakhstan’s economic growth reaches 3.8 pc

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Kazakhstan’s economic growth reached 3.8 percent in 11 months, said Kazakh Prime Minister Askar Mamin at a government meeting on Tuesday giving hope that the country’s economy will rebound soon to pre-pandemic levels.

The government meeting focused on the country’s socio-economic development and the state budget in the first 11 months of 2021. Mamin said that Kazakhstan’s economy successfully adapted to the challenges caused by the pandemic and demonstrates a steady growth rate.

The Kazakh Minister of National Economy spoke about the economic performance saying that growth in the real sector was 2.9 percent and the service sector grew to 3.9 percent. —The Astana Times

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