Kazakhstan’s President meets Central Bank Governor

Photo courtesy of akorda.kz

The assets of the National Oil Fund of Kazakhstan have reached $77 billion, Kairat Kelimbetov, the country’s Central Bank Governor, told when meeting the country’s President Nursultan Nazarbayev, according to the President’s Press Service.

According to the Central Bank Governor, the real GDP growth in the Q1 2014 stood at 3.8%. As compared to the like period of 2013, exports grew by 10.8%, reaching $22.7 billion, with imports decreasing by 14.6%, making up $8.7 billion.

Besides, President met the country’s PM Karim Massimov. The latter reported on the country’s performance in the H1 2014 and outlined the Government’s plans for the second half of the year. President emphasized it is important to ensure stability of the major macroeconomic indicators and the situation in the FX market.