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Kazakhstani economy rapidly recovering, PM

21 June 2021 19:22 (UTC +04:00)

"Kazakhstani economy is recovering rapidly this year," Kazakh Prime Minister Askar Mamin said at the joint session of the Parliament’s Houses of Kazakhstan, APA reports citing Kazinfrom.

As stated there, for the past 5 months the GDP grew by 1.6%. The country reports growth in all economic sectors. The processing industry became one of the key economic drivers. Machine building, chemical industry, pharmaceuticals and light industry showed the biggest growth rates. The PM also noted that the leading credit agencies such as Moody’s, S&P and Fitch Ratings affirmed Kazakhstan’s credit rating at the pre-pandemic investment level with positive and stable outlooks.