Troika Dialog revised downward its forecast of Kazakhstans GDP growth from 6% to 4.5% this year. The agency blames uncertainty on global markets for the downward revision. Troika noted in its review any external shock able to bring down oil prices and cause capital flight, which is usually associated with the dollar strengthening, will negatively affect Kazakhstan's economic growth dynamics. As we reported, the Kazakh government expects GDP growth at the level of 6% while the Kazakh president recently stated that GDP would expand by 7% this year. The IMF sees Kazakhstans GDP growth at 5.9-6% this year. |
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
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