14 February 2012, 16:14
Kazakhstan has enough money to cope with crisis - Marchenko
ALMATY. February 14. KAZINFORM Crisis always occurs unexpectedly. If analysts are constantly predicting the crisis, then it either will not occur or will occur, but not the way it is predicted, Chairman of the National Bank of Kazakhstan Grigory Marchenko told reporters on Tuesday in Almaty.
Virtually every newspaper every day publishes at least two or three materials about a possible second wave of crisis and what it will be. In any case, the country has enough money to cope with the crisis lasting 2-3 years, Marchenko emphasized.
Banks have the main way of investing - the provision of loans to the real sector. They started doing it thanks to the healthy situation, which we have established: on the one hand, a stable exchange rate and on the other hand, the continuing growth of deposits, he added.
So, I think everybody should calm down, look around and realize that the macroeconomic situation in Kazakhstan is extremely favorable, the Chairman stressed.
Did you find a mistake? Highlight it and click CTRL+ENTER