ASTANA, Kazakhstan, September 6. The growth rate of investment in fixed assets in Kazakhstan shows a slow decline, Trend reports.
Data from the Kazakhstan Institute of Economic Research shows that, from January through July 2023, the volume of investments in fixed assets in the Republic of Kazakhstan amounted to 8.1 trillion tenge (about $17.5 billion), and the growth rate was 12.4 percent.
In February, the growth rate reached its maximum mark (19.2 percent), and since then this indicator has been decelerating.
Investment in the manufacturing industry also continues to fall. The share of investments in the manufacturing industry in the total volume of investments in the industry decreased to 11.1 percent over the period. The main source of financing in the manufacturing industry is the business's own funds.
The growth of Kazakhstan's economy from January through July this year amounted to 4.8 percent. GDP per capita in the specified period increased to $13,300. This year's foreign trade turnover has increased to $140 billion, and the country's international reserves amount to almost $95 billion.