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Kazakhstan manages to solve difficult financial issues: president

Business Materials 22 December 2009 11:25 (UTC +04:00)
Kazakhstan was able to solve very difficult issues this year, Kazakh President Nursultan Nazarbayev said at a meeting with diplomats accredited in Astana in Ak Orda today.
Kazakhstan manages to solve difficult financial issues: president

Kazakhstan, Astana, Dec. 22 / Trend K. Konyrova /

Kazakhstan was able to solve very difficult issues this year, Kazakh President Nursultan Nazarbayev said at a meeting with diplomats accredited in Astana in Ak Orda today.

"We have completely stabilized the situation in the financial sector. Talks with investors in London concerning the Alliance Bank and Turan Alem Bank have been completed. We have solved very difficult issues in the financial system and are approaching the financial system's full stabilization," Nazarbayev said.

The Kazakh president also stressed that last year was a year of truth.

"The global crisis has given the opportunity to reevaluate ongoing processes, politics, economy in finance and draw up new plans," Nazarbayev said.

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