The International Monetary Fund increased Kazakhstans GDP growth forecast to 5.9% y/y this year and 6% in 2013. In October 2011, IMF projected Kazakh GDP to grow by 5.6% y/y this year. Inflation is seen by the IMF at 5.5% y/y this year and at 7% y/y in 2013. Earlier, the fund expected inflation at 7-9% y/y in 2012. The Kazakh authorities expect GDP to grow by 6-7% y/y this year and inflation to stay in range of 6-8% 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