Kazakhstan’s Almaty records growth of economic activity

Kazakhstan Materials 23 February 2023 13:38 (UTC +04:00)
Emin Sevdimaliyev
Emin Sevdimaliyev
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BAKU, Azerbaijan, February 23. The short-term economic indicator grew by 36.7 percent in January 2023 in year-over-year terms, Yerbolat Dosayev, the Head of Almaty municipality, said, Trend reports, citing the press service of the Kazakh President.

The statement was made during the meeting between Dosayev and Kassym-Jomart Tokayev, the President of Kazakhstan.

The Head of Almaty municipality noted that the growth of the short-term economic indicator can be attributed to the growth of business and economic activity. Economic expansion is spurred by the growth of trade, transport, and industrial sectors. The volume of investments in fixed assets increased by 21.9 percent.

Dosayev also discussed the plans to create “green corridors”, which would contribute to the environmental protection of the city.

Tokayev noted that improving the living conditions of Almaty residents and protecting the environment should be priority areas of work.

Almaty is one of the most important economic, cultural, and industrial centers of Kazakhstan. Earlier, it was reported that the city, populated by 2.1 million people, enjoys an inflation level of 20.2, which is below the national level of 20.7 percent.