Foreign trade turnover decreased by 8.3% in 2014

Dec 24. KAZINFORM. ASTANA

Foreign trade turnover decreased by 8.3% in 2014The main objectives of the policy of the Government and the National Bank in 2015 will be to maintain macroeconomic and financial stability and economic growth and competitiveness of Kazakhstan’s economy, this is stated in the joint statement of the Government and the National Bank.

“In January-October 2014 the foreign trade turnover has decreased by 8.3% compared to the same period of 2013. Exports of goods decreased by 4.9% due to the fall in world prices for oil and base metals. Imports of goods decreased by 14.5% due to the reduction in imports of machinery and equipment, chemical products and food products,” the document says.

In these circumstances, the economic policy in 2015 will be aimed at leveling the effects of external factors to ensure social and economic stability in the country.

http://www.inform.kz/eng/article/2730634

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