Kazakhstan’s economy
has experienced a growth rate of 4%, according to the Eurasian Development Bank’s
(EDB) macroeconomic review of its six member countries. Analysts attribute this
increase in business activity to positive trends in the services and trade sectors.
Economists view the successful issuance of Kazakhstan’s 10-year dollar bonds in
the international capital market as a sign of confidence and growing interest from
foreign investors in the country’s economy. Overall, the GDP of all EDB member states
has risen by 4.2% since the beginning of the year, largely driven by strong
domestic demand. The review also notes the growing influence of the Eurasian
region on the global economy, which is supported by the development of new
logistics routes, including land transport corridors that connect Asia, Europe,
and the Middle East.
