4 June 2009
President Nursultan Nazarbayev Receives Governor of the National Bank of the Republic of Kazakhstan Grigory Marchenko

Grigory Marchenko reported to the President on the macroeconomic situation in the country. He informed on the work being carried out by the National Bank on control over inflation processes and the exchange rate policy.

For the last 12 months, inflation was down to 8.5 percent; the indicator is 2.5 times lower than the last year's one. Altogether, the trends continue to remain positive, Grigory Marchenko stressed.

The head of state underlined that decision on tenge devaluation was right and timely made.

“The President commissioned to draw attention to the way of mobilization of the people’s funds, to the tasks to finance the new industrialization program and to restore the trust in the banking sector,” the Head of the National Bank highlighted.

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