Kazakh PM instructs to reduse inflation

Prime Minister Alikhan Smailov called on the Kazakh Government Tuesday to halve inflation, El.kz reports citing primeminister.kz.

«Our goal is to reduce the level of inflation in half this year,» Prime Minister Smailov told the traditional meeting of the Kazakh Government on Tuesday, stressing that it will require well-orchestrated and preventive efforts.

According to the Premier, the inflation has slowed down to 16.8 per cent this April. Akims (governors) of the regions should continue with the efforts to stabilize food staples’ prices, he added.

The Prime Minister also noted it is necessary to take all reasonable steps to implement the revised Plan of actions on control and reduction of inflation level.

Subscribe to our Telegram channel and be the first to know the news!