S & P predicts GDP growth in Kazakhstan in 2014-2015 at the level of 4.5%

Almaty. September 10. Silkroadnews - Standard & Poor's expects growth in gross domestic product (GDP) of Kazakhstan in 2014-2015 at 4.5%, reports KazTAG, citing the international rating agency.
According information, S&P preliminary estimates of GDP growth in Kazakhstan in 2014 will be 4.5% in 2015 - 4.5%, in 2016 - 5%, and in 2017 - 6%.
In turn, inflation is projected in 2014 to 10% in 2015-2017 - 6%.
As recalled by the agency, in June of this year, S & P analysts forecast a slowdown in GDP to 4.5% in 2014.
According to experts of the rating agency, the growth will be supported by the government planned release of 1 trillion KZT ($ 5.5 billion, or 2.5% of GDP) of oil assets in 2014-2015.
However, S & P expects that real GDP growth in Kazakhstan in 2014-2017 years in average will be equal to 5%, which is lower than projected by agency analysts earlier level - due to slower growth of oil production as a result of delays in the Kashagan oil field.