Kazakhstan’s GDP will grow almost 5 percent a year on average in 2021-2022.
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Quarantine measures aimed at combating the novel coronavirus pandemic hamper the economic activity and weaken external demand.
Kazakh political scientists forecast development of Central Asian regions in 2017.
National budget revenues keep growing despite the economic crisis.
The labor market and an increase in salaries contributed to the growth of consumption
Economic growth in 2017 is expected at 1.8%, unchanged with respect to the June estimate.
Thus, this year's budget was drawn up with the parameters at an average annual oil price of 35 dollars per barrel.
At the end of August the price of oil of major reference varieties were fixed with most rapid growth.