ECONOMIC PORTRAIT OF KAZAKHSTAN: NEW MILESTONES

V. Taranova

Stavropol Agrarian  State University, Russia, Stavropol

 

 

Annotation. Recent years have been marked by steady growth of the Kazakh economy, which is supported by the dynamic development of key sectors and the active introduction of new technologies. In 2024, the country continues to successfully adapt to the changing global economic environment, including commodity price volatility and global economic turmoil.

The Kazakh economy has demonstrated steady positive dynamics, which is due to the stable growth of key industries and innovative development. Despite global economic challenges and fluctuations in commodity prices, the country continues to demonstrate adaptability and sustainability of economic growth in 2024.

International financial institutions and analytical centers agree that the Kazakh economy will maintain moderate growth rates in 2024. This indicates a gradual recovery from global economic turmoil. An important factor contributing to such development is the diversification of the economy, aimed at reducing dependence on commodity exports and stimulating domestic consumption, infrastructure projects and innovation.

The Kazakh government is actively working to improve the country#8217;s investment attractiveness, support small and medium-sized businesses and develop human capital. These measures are aimed at ensuring sustainable economic growth and improving the well-being of the population. This article provides an in-depth analysis of the current economic state of Kazakhstan, including the dynamics of GDP and GRP, as well as development prospects.

Keywords: gross domestic product, gross regional product, economic stability, global economic challenges, industry, sustainability

DOI 10.56525/YWJB7759