Kazakhstan's bright future: GDP development expectations for 2025.
After many difficult years for the international economy, Kazakhstan is demonstrating its ability to grow and return to generating wealth and prosperity for its people.
According to the European Bank for Reconstruction and Development (EBRD), the country's economy will grow by 4.5 percent in 2024, and by 2025, it is predicted to accelerate to 5.5 percent.
This is mainly due to increased productive capacity in oil and natural resources, the IPO of some state-owned companies, and growth in the agricultural sector. Remember, Kazakhstan is one of the largest grain-producing countries in the world.
The country has attracted international investment, and we have accelerated our investment. Today, the economic climate in the country is more favorable than ever, with first-class political stability and the strength of our banking system.
Kazakhstan is going to be a country with long-term financial stability, sound fiscal policies, and productive capacity. We are a country of innovation, and it is clear that we are already the leading economy in Central Asia.
We want to be a strategic partner for many in Asia and for the West to consider us a reference partner. We all have a lot to gain from this.