Kazakhstan Diversifies Economy Beyond Raw Materials, Boosting GDP and Investment
Kazakhstan is actively diversifying its economy beyond its traditional raw material sector, aiming to reduce reliance on volatile global commodity prices. President Kassym-Jomart Tokayev prioritizes developing manufacturing and infrastructure. This strategy has led to significant growth, with GDP per capita exceeding $15,000 and attracting $114.2 billion in foreign direct investment between 2021-2025.
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