Kazakhstan: reached the crisis bottom

Astana / KZ. (ami) Economics of Kazakhstan enter the stage of reconstruction, declared Bahyt Sultanov, the Minister of economics and budget planning of the Republic of Kazakhstan, on August 18. According to Sultanov, the dampening of economic activity of Kazakhstan reached the bottom in the first half year, and the country began recovering. At the same time, the country did not enter the stage of technical economic recession from the beginning of the crisis as opposed to other countries. Only in the first quarter of 2009, the country faced the production cutback compared to the previous quarter, and in the second quarter, the growth totaled three percent compared to the first quarter of 2009 (source: agrimarket.info).

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