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Kazakh National Bank announces GDP growth forecast for 2013

Business Materials 9 January 2013 10:12 (UTC +04:00)
An economic growth in Kazakhstan will hit 5-6 percent in 2013, Kazakh National Bank forecasts

Azerbaijan, Baku, Jan. 9 / Trend E. Kosolapova/

An economic growth in Kazakhstan will hit 5-6 percent in 2013, Kazakh National Bank forecasts, Novosti-Kazakhstan reported.

"GDP growth rate will reach 5-6 percent," Kazakh National Bank head Grigory Marchenko said at the press conference in Almaty.

According to Marchenko, the inflation rate in 2013 will remain at the level of 6-8 percent.

In January-November 2012, the GDP grew by 5 percent in Kazakhstan.

The inflation rate hit 6 percent in 2012.

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