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Official website of the

President of the Republic of Kazakhstan

Official website of the

President of the Republic of Kazakhstan

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Akorda

President Nursultan Nazarbayev Receives Chairman of the National Bank of Kazakhstan Grigory Marchenko

July 26, 2013

 

The Chairman of the National Bank briefed the President on the key macroeconomic indicators and the situation on the currency market.

The President stressed that given the volume of the current gold reserves and a pace of economic growth, there are no grounds for the devaluation of the national currency, having emphasized that the National Bank should continue working as usual.    

According to Grigory Marchenko, all financial market segments are experiencing a steady growth. The inflation for the period from July 2012 to July 2013 was below the target corridor of 6-8 percent and stood at 5.9 percent.

At the end of the meeting, the President gave a number of tangible instructions on ensuring stability of the financial system and preservation of the economic growth pace of the country. 


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Tokaev

The President of the Republic of Kazakhstan