21.04.2009, 12:19 2933

Ministry of Economy forecasts 3% GDP growth in 2010

Ministry of Economy forecasts 3% GDP growth in 2010

Almaty. April 21. Kazakhstan Today - The Ministry of Economy and Budgetary Planning of Kazakhstan forecasts 3 % of GDP growth in 2010. Vice Minister of Economy and Budgetary Planning of Kazakhstan, Timur Suleymenov, informed today during III Annual Fitch Ratings Conference on Kazakhstan, the agency reports.

"A complex of measures undertaken by the government, both tactical, and strategic, in our opinion, is quite effective. According to our forecasts, it will allow reaching in 2009 - 1 % and in 2010 - 3 % of GDP growth," T. Suleymenov said.

"We expect inflation in the end of 2010 to be not higher than 9 % and unemployment rate will be about 8 % not exceeding 8%," Vice Minister considers.

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