Kazakhstans GDP is expected to grow by 1.5-2% y/y in 2010. However, in budget law for this year, GDP growth is projected at 2.4%. The EBRD expects GDP to grow by 1.6% while IMF by 2% this year. In 2009, GDP increased by 1.1% y/y while industrial output increased by 1.7% y/y. This year, industrial production is likely to grow by 3%, as exports conditions are likely to be more favourable.
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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