S&P estimates Kazakhstan’s GDP to grow by 5% this year
Astana. May 21. Silkroadnews – Real Kazakhstan’s Gross Domestic Product (GDP) is to grow by 5% in 2014, as Standard & Poor’s International rating agency estmates.
“WE are expecting the real GDP growth in Kazakhstan to reach 5% in 2014. This is explained by increasing consumption and growing government investment. At the same time, pure export will have negative influence on growth estimates. That is, up until the re-launch of Kashagan offshore oil field”, states the message distributed this Wednesday.