BAKU, Azerbaijan, June 2 Kazakhstan’s real GDP growth rate will be 2 percent in 2022, the forecast of the S&P analytical agency, Trend reports.
The report said that this is 1.6 percent less than in the forecast as of December 2021.In turn, the agency said that the inflation in Kazakhstan will amount to 9.5 percent, which is 2.5 percent more than in the previous forecast.
The balance of the Kazakhstan's central government budget is expected to be at 4.5 percent of GDP against 1.8 percent of GDP previously projected.
At the same time, the current account balance may reach 2.2 percent of GDP against 2.6 percent of GDP forecast in the previous report.