President: Current monetary-financial system slows down world?s development

ASTANA. March 11. KAZINFORM /Aigul Tulekbayeva/ Contradiction between the real gross national product and speculative capital not based on real assets lies at the root of the current crisis, Nursultan Nazarbayev, President of the country has said at the II Astana Economic Forum today.

?The world?s manufactured product is USD 40 trln while the capital exceeds USD 400 trln. We should admit that today?s global monetary-financial system falls behind the modern world and its needs and it hampers the development of the world?, N. Nazarbayev added.