As of September 1, 2020, the total trade turnover of Kazakhstan amounted to 55.6 billion US dollars. At the same time, 29% of sales are in the EU
As of September 1, 2020, the total trade turnover of Kazakhstan amounted to 55.6 billion US dollars. At the same time, 29% of sales are in the EU
The ongoing crisis caused by the Coronavirus pandemic has shown how interconnected the economies of different countries with a commodity focus are. Now a ton of flax costs
The share of oil in the cost of gasoline is only 11-14%, so its cheapening slightly affects the retail cost of fuel. Nevertheless, prices will increase in the
But even in this situation, the accumulated international reserves of Kazakhstan will allow supporting the national economy for 15 years. That is, Kazakhstan has great potential to survive
Now the industry’s profitability is about 45 billion tenge. In the structure of GDP, light industry forms 0.2%, while domestic enterprises cover the consumer market by only 7%.
About 30% of sector profitability is lost due to high costs and low digitalization. For example, depreciation for certain types of transport infrastructure takes from 40% to 100%,
In 2019, the trade sector became a key driver of the growth of the national economy. However, for the third year in a row, retail growth has been
In the near future, the Government and government departments will begin to summarize the activities for 2019. According to preliminary forecasts of Kazakhstan, the national economy continues to
After the modernization of Kazakhstan’s refineries, a surplus of gasoline is observed in the republic. At the same time, the government limited the export of oil products across
Agriculture, forestry and fisheries account for only 4.3% of GDP. The low level of development of the sphere is associated with a lack of funding, insufficient innovative equipment,