On March 25, President of Kazakhstan Kassym-Zhomart Tokayev held a working meeting with Chairman of the National Bank Galymzhan Pirmatov after his meeting with the Minister of Economy. The Chairman of the National Bank reported on the work done in the first quarter of 2022, the press office of Akorda reported.
The report focused on the preliminary progress of the implementation of the monetary strategy and the decisions targeted to ensure the stable functioning of the financial sector and maintain price stability.
Kassym-Zhomart Tokayev was informed in detail about the current state of the foreign and domestic markets. Dwelling on the key factors, Pirmatov reported on the developing trends on the platforms for foreign exchange turnover, the state of gold and foreign exchange reserves and the reserves of the National Fund.
Reporting on the inflation rate, the Chairman of the National Bank reported the measures taken to improve the deposit and pension protection mechanisms and modernize the payment system. Commenting on the report, the President set a number of specific tasks for the financial institution.
