ASTANA. March 24. KAZINFORM. /Aigul Tulekbayeva/ According to the specified macroeconomic budget parameters, crude oil prices were forecast at the level of 40 dollars per barrel in 2009 - Kazakh Minister of Economy and Budget Planning Bakhyt Sultanov announced at the Government’s session.The Minister presented the amended forecast of socioeconomic development for 2009-2013, a draft law on amendments to the 2010-2011 Republican Budget Law and the President’s Decree "On Targeted Transfer from the National Fund in 2009-2010".
In 2010-2013 the crude prices will be at the level of 50 dollars per barrel. “World prices for metals in 2009 are expected to decrease approximately by 30-40% with subsequent increase by 8-10% in average in 2010-2013”, B. Sultanov said.
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GDP to increase by 1% - Economy Ministry
ASTANA. March 24. KAZINFORM. /Aigul Tulekbayeva/ The real gross domestic product in 2009 is forecast by a baseline scenario to increase by 1%. Kazakh Minister of Economy and Budget Planning Bakhyt Sultanov has made it public at the session of the Government today.
This index is by 1.7 percentage points lower compared to the previous forecast.
УThe low GDP growth is connected with the slowdown of industrial output (as estimated, to 0.4%), in the sphere of services and reduction of construction volumes. By 2013 the GDP per capita is forecast to reach USD 10, 822Ф, the Minister added.
Resourse: KAZINFORM