Kazakhstan demonstrates essential increase in competitiveness: N.Nazarbayev

"Kazakhstan remains one of the most attractive countries. Our state has been in the top three world countries on attracted investments per capita for the last ten years. In 2007 Kazakhstan was one of the first who experienced the global financial-economic crisis which later covered the world", the President noted.

"Taking into account the experience of the Asian and other crises we created a margin of safety in advance, formed mitigating factors. We established the National Fund that accumulated essential reserves - over 30% of the GDP of the country. We were able to counter the crisis successfully due to this Fund, timely reforms, and preventive diversification of the economy, based on the Strategy of Industrial-Innovative Development adopted in 2003. As the result Kazakhstan demonstrates essential increase in the competitiveness of the country", the Head of the State said.