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Inflation to fluctuate within 8-9 % in 2007 - IMF forecast
15:41 16.10.2006
text: "Kazakhstan Today" views: [162] Related articlesGDP growth rate - 8%, inflation - 9% in 2006 - IMF forecast IMF assesses short-term prospects of development of Near East and CA countries as favorable High rates of economic growth expected in Kazakhstan in 2008 - IMF Inflation in Kazakhstan to decrease up to 10 % - IMF mission in Kazakhstan IMF backs tax and interest rate cuts to dig UK out of recession Almaty. October 16. Kazakhstan Today - Inflation will fluctuate within 8-9 % in Kazakhstan next year. The senior adviser of the department of Near East and Central Asia of the International Monetary Fund (IMF) David Owen gave the forecast today during videoconference devoted to the review of the current economic situation and prospects of development of Central Asian countries, the agency reports.
"Rates of economic growth in Kazakhstan were high and the same high rates will be in the future at the level of 8-9 %. The inflation was high enough too and reached 8-9 %. We think that inflation next year will remain the same," D. Owen said in his report.
"As for the external account and budgetary accounts, the government of Kazakhstan has opportunities owing to good position of the budget to increase budget expenditures next year," IMF representative noted.
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