Kazakhstan’s GDP rises 3.3% in 2022

ASTANA. KAZINFORM – Kazakhstan saw a post-pandemic economic recovery, with the GDP rising 3.3%, Finance Minister Yerulan Zhamaubayev said while presenting the report on the republican budget for 2022 at the joint session of the Kazakh Parliament, Kazinform correspondent reports.

photo: QAZINFORM

«Positive result was seen in many key sectors. For instance, manufacturing was up 3.4%. construction 9.4%, transport 3.9%, agriculture 9.1%, and trade 5.0%,» said Zhamaubayev.

The minister went on to add that the volume of investments in fixed capital rose 7.9%.

According to Zhamaubayev, budget revenues stood at 16.1 trillion tenge, while budget expenditures at 18.5 trillion tenge, with the budget deficiency of 2.3% of the GDP.