IMF decreased its forecast for Kazakh GDP rate
The International Monetary Fund decreased its forecast for the Kazakh economics growth in 2014 to 4.75%, as opposed to the previous rate of 5.75%.
At the same time, after the devaluation, there will be the temporary inflationary pressure. But the official bodies plans to keep the rate of inflation at the level of 6-8%, fixed by the central bank.
In the first quarter of 2014 the GDP growth totaled 2.9%. Previously, the Government of Kazakhstan stated in 2014 the economics growth to be at the level of 6%.
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