TRENDS AND STRATEGIC DIRECTIONS OF INVESTMENT CLIMATE DEVELOPMENT IN KAZAKHSTAN

The research aims to understand current trends, identify existing problems and develop strategic directions for further improving the investment climate in Kazakhstan, contributing to sustainable economic growth and increasing the country's competitiveness in the international arena. The purpose of the study is a comprehensive analysis of current trends and strategic directions for the development of the investment climate in Kazakhstan, including studying the dynamics of attracting foreign direct investment, assessing the impact of factors on the country's investment attractiveness, as well as identifying key industries and sectors of the economy with the greatest potential for investment. Based on the data obtained, recommendations were developed to improve Kazakhstan's investment policy aimed at creating favorable conditions for investors and ensuring sustainable economic growth. The correlation and regression analysis of Kazakhstan's financial market indicators for 2018-2023 confirmed the significant positive impact of initial public offerings, foreign currency markets, money, securities and bond issues on the trading volume on the stock exchange. Conclusions are drawn about the need for further economic diversification, infrastructure development and private sector support to strengthen Kazakhstan's position as a regional investment hub in Central Asia and ensure long-term economic growth.