Kazakhstan’s int’l reserves reach about $90 bln, President

NUR-SULTAN. KAZINFORM - President of Kazakhstan Kassym-Jomart Tokayev commented on the impact of coronavirus on the global economy, Kazinform correspondent reports.

photo: QAZINFORM

«We have witnessed the extremely negative impact of coronavirus on the global economy. Basically, it is about reformatting the entire world economic system,» Kassym-Jomart Tokayev said during his address to the nation.

According to the Head of State, Kazakhstan feels the consequence of this monumental crisis. «Thanks to the forward-looking policy of Elbasy Nursultan Nazarbayev, the international reserves of our country have reached about USD90 billion,» the President emphasized.

This is a serious guarantee of maintaining the stability of our economy and fulfilling the social obligations of the state, K. Tokayev concluded.