Central Asia’s richest state poised for strong economic growth in 2024

Kazakhstan's GDP grew by 5.1% in 2023, with 2024 growth forecasted at 5.3%. Venture transactions exceeded $110 million. President Tokayev aims for 6–7% annual growth. A National Development Plan aligned with OECD standards seeks to make Kazakhstan a regional hub. Balanced economic reforms and transparency are highlighted. World Bank forecasts 4.5–5% GDP growth in 2025.