Investments in fixed assets double in defense sector

Investments in fixed assets double in defense sector

Investment in fixed assets in the defense sector increased in Kazakhstan. Investments in public administration, defense and compulsory social security reached almost 40 billion tenge in the first six months of 2022. This is 2.2 times more than last year. In the first half of 2021, this figure amounted to about 18 billion tenge. Most investments were made in the Turkistan region in the amount of about 14 billion tenge. The cities of Nur-Sultan and Almaty are also in the top three. It bears noting that more than half of the money, which is 20.5 billion tenge, was provided by the national treasury.