Kazakhstan lowered its forecast for GDP growth to 5.8% y/y this year, down from earlier expected 6% y/y, according to the Eocnomy Ministry statement. At the same time, the ministry said that GDP will grow by 6% in 2013 and 6.1% y/y in 2014. Last year, GDP grew by 7.5% y/y. The EBRD expects Kazakhstans GDP to grow by 5% this year while the IMF by 6% y/y. |
Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more