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Economy Ministry forecasts growth of domestic production
13:18 26.01.2010
text: "Kazakhstan Today" views: [290] Related articlesLegal base for uniform economic space to be developed in Kazakhstan GDP growth of Kazakhstan totaled 1.4 % Ministry of Economics forecasts decrease of inflation up to 5.5 - 7.5 % by 2013 Rates of growth of investments in intermediate term period to reach 8 - 8.6 % - Economics Ministry Kazakhstan budget income in 2008 to grow by 30 billion KZT - Economics Minister Astana. January 26. Kazakhstan Today - The Ministry of Economy and Budgetary Planning of Kazakhstan forecasts growth of domestic production along with increase of external demand for export products. The Minister of Economy and Budgetary Planning of Kazakhstan, Bahyt Sultanov, informed at the government's session, the agency reports. "International Monetary Fund forecasts economic growth at the level of 3.01 %. Developing countries of Asia, first of all China and India will be the main locomotives of world growth," B. Sultanov informed. "Economic improvement will lead to the increase of the prices for raw goods, in particular, oil and metals." "Along with the increase of external demand for export production of Kazakhstan, domestic production, metallurgical branch and accompanying branches in the mining industry will be restored," the Minister of Economy informed.
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