The growth is promising against the background of 2.3% decline in the oil industry and growth of the non-oil sector of economy by 10.9%. A specific weight of the non-oil sector in the GDP structure has reached 51.5%. But such a pace of growth of the non-oil sector cannot last long, even if it is constantly replenished by the state investments. The statements that the coming years’ budgets will be conservative are significant. The budget investmen...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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