Kazakhstan’s Business Activity Index Rises to 51.6 Points
Kazakhstan’s business activity index reached 51.6 points by the end of November, marking nine consecutive months of growth, according to National Bank Chair Timur Suleimenov. The services sector recorded 51.5 points, while the production sector scored 53.1 points.
The business climate index also showed improvement, reflecting optimism about current and future business conditions, the Prime Minister’s press service reported.
Kazakhstan’s gross international reserves grew to $105 billion, up 9.5% since January. Gold and foreign exchange reserves increased by 23% to $44.2 billion, while the National Fund’s assets rose 1.3% to $60.8 billion, with an investment income of 9.5% or $5.7 billion. Payments to the national budget totaled $10.1 billion.
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