Nazarbayev: Kazakhstan joined 25 investment-attractive countries of world

ASTANA.  December 15. KAZINFORM /Muratbek Makulbekov/ Kazakhstan has joined 25 investment-attractive countries of the world, Head of the State Nursultan Nazarbayev has said.

"Over the last ten years we have exerted every effort to create most favorable conditions for business development in Kazakhstan. State and private sector cooperate in order to reach common economic success. The international rating agencies of the Commonwealth acknowledged our country as a leader in all ratings of investment class", Nazarbayev said.

In the first decade of the XXI century Kazakhstan has demonstrated good paces of economic growth. The country's GDP rose by 10% annually. By 2008 end per capita GDP increased almost sevenfold in comparison with 2000. Real GDP rose twofold.

"By the end of 2008 gold and currency reserves of Kazakhstan reached USD 46.7 bln having risen  22 times since 2000. To date they make USD 48 bln. Crediting of economy by the banks in 2000-2008 rose 27 times", the President said.