President notes positive trends in Kazakhstan?s economy

ASTANA. June 8. KAZINFORM. /Kanat Kulshmanov/ President of Kazakhstan Nursultan Nazarbayev has noted positive trends in the country?s economy.

photo: QAZINFORM
?We should note the country?s economic growth. The population income increased by 4%. Despite the Tenge devaluation, inflation processes slow down. The level of inflation has made 2.8% over 5 months of 2009?, the Kazakh leader said. ?Despite some fall in the beginning of the year, the volume of our international reserves is stable. To date it has made up USD 43 billion. The loan portfolio of commercial banks is almost on the same level. The volume of the economy?s crediting amounted to KZT 8.1 trillion as of May 1?, the Head of the State emphasized.