Kazakh economy seen growing 0.5 percent in 2016 – economy minister
February 23, 2016 9:10 am
Economy Minister Yerbolat Dosayev of Kazakhstan said the country is expected to grow 0.5% in 2016, down from the last forecast of 2.1%.
Dosayev said the new forecast reflected current oil prices of $30 per barrel. Kazakhstan’s budget has been recalculated at 360 tenge per dollar, he said.
The material has been provided by InstaForex Company – www.instaforex.com
Economy Minister Yerbolat Dosayev of Kazakhstan said the country is expected to grow 0.5% in 2016, down from the last forecast of 2.1%.
Dosayev said the new forecast reflected current oil prices of $30 per barrel. Kazakhstan’s budget has been recalculated at 360 tenge per dollar, he said.
The material has been provided by InstaForex Company – www.instaforex.com
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