'Nurly Zhol' to alleviate negative impact of crisis on economy of Kazakhstan
17:30, 10 March 2015
ASTANA. KAZINFORM - "Nurly Zhol" Program will alleviate the negative impact on the economy of Kazakhstan, Senate Deputy of the Parliament of Kazakhstan Askhat Kuzekov said at the CCS media briefing in Astana.
"Any economic crisis has a cyclical pattern. It is like a sinusoid, emerges and the economy rises, then it comes down and the economy suffers and then the crisis comes, and then growth again. This program is to counter any fluctuations. The program provides all the necessary conditions for at least our situation to avoid crisis or alleviate its negative impact on the economy of the country. This is what it is about," A. Kezekov said.
The Senator also expressed his confidence that Kazakhstan would be able to successfully overcome the negative influence of crisis like it was in 2007-2009.