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GDP Growth Rate Expected on 5.3% in Kazakhstan

Business Materials 16 May 2008 14:00 (UTC +04:00)

Kazakhstan, Astana / Trend corr. K. Konirova / The GDP growth rate is expected on the 5.3% rate in Kazakhstan, Bakhit Sultanov, Minister of Economy and Budget Planning, stated in Astana.

"Real GDP growth is expected on 5.3% rate in 2008, which meet the forecasted growth in the corridor 5% and 7%," Sultanov stated.

According to Sultanov, the positive factors which influence on the economic situation are the significant growth of prices for oil and other export positions in Kazakhstan.

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