President urges to mobilize internal resources

KOSTANAY. June 12. KAZINFORM /Muratbek Makulbekov/ Kazakhstan possesses efficient internal resources to carry through the post-crisis development program, according to President Nursultan Nazarbayev.

photo: QAZINFORM
?We should pay special attention to the development of domestic market of capital, especially in the national currency. To achieve our goal we need stimulate the growth of people's savings and restore trust to the financial institutions?, the President said. "The volume of intact internal financial resouces amounts to 12 % of the population GDP. This is quite a big reserve. We must mobilize these resouces using individual and collective mechanisms of funding", Nurultan Nazarbayev added. According to the President, these measures will allow to lessen the dependence on the external market condition and ensure accessible funding for enterprises of the real sector of economy.