Photo: trend.az
Tokayev Celebrates 16% Economic Growth in Kazakhstan Since 2019
Kassym-Jomart Tokayev announced a 16% economic growth in Kazakhstan since 2019, highlighting significant increases in GDP and per capita income during his Republic Day address.
- During a ceremonial address on October 24, Kassym-Jomart Tokayev reported that Kazakhstans economy has grown by 16 percent since 2019, approaching a GDP of 137 trillion tenge.
- Kazakhstans per capita GDP surged by 47 percent to $14,400, positioning it among the highest rates in the CIS countries, as stated by Kassym-Jomart Tokayev.
- Tokayev emphasized the importance of continued implementation of state strategies to foster economic growth, reflecting Kazakhstans commitment to national development.
Why It Matters
This economic growth underscores Kazakhstans resilience and potential for development, which may attract foreign investments and strengthen its position within the CIS region. The substantial increase in per capita income also indicates improving living standards for the population.