All macroeconomic and financial indicators of Kazakhstan are at a good level - Marchenko
ALMATY. March 15. KAZINFORM For ten months people are talking about the inevitable second wave of crisis. Many people have bought dollars just in case or postponed their investment decisions.
On the other hand, we see that in recent years stock markets in the developed countries rose strongly. Because people are tired of sitting on the fence and wait for the second wave of the crisis and started to buy some assets. Chairman of the National Bank of Kazakhstan Grigory Marchenko said this during an online conference on Thursday in Almaty.
The economy grew by 7.5% last year, and continues to grow. On the balance of payments in 2011 we had the best performance in history. Last year, after three-year pause loans to real sector began to grow - grew by 15.7%. Deposits in the banking system have increased during the peak of the crisis. Commodity prices on world markets are still high. Therefore, there is no reason for worry. The National Fund has more than USD 47 billion, foreign exchange assets of the National Bank amount to USD 34.5 billion, Marchenko said.
He added that all the macroeconomic and financial indicators in the country are at a good level.