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Kazakh PM: Second wave of crisis inevitable
17:08 23.01.2012
text: Kazinform views: [789] Related articlesDevelopment banks can play key role in case of new wave of global crisis - Kelimbetov Government meeting started in Astana Kazakh President awarded Prime Minister on threshold of Independence Day PM urged Ministry of Transport and Communications to use market mechanisms PM warned new Pavlodar region governor of difficult times ahead The second wave of the crisis is inevitable, Kazakh Prime Minister Karim Massimov said in an interview with the "Kommersant"newspaper.
"It will happen in 2012-2013. The question is how deep this wave will be and from which side it will come. Nobody can forecast this yet," Massimov said.
Massimov does not believe that any politician in the world will be able to prevent this wave, Trend reports
According to Massimov, the crisis can entail some serious social consequences for Kazakhstan.
"The crisis will inevitably impact on the price of Kazakh main export commodities - natural resources. Therefore, we should conduct a macroeconomic stabilization," Massimov said. |
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