Specialists of Global Bank have made positive enough forecasts related to economic recovery of Kazakhstan after financial recession and drastic devaluation of national currency. Experts point that quite high figures of development index on all economic fields in the country will be achieved in mid-term.
Certainly, there are certain risks, reveal the specialists. The growth level will be directly related to the condition of the global financial market, costs of oil and also to the further course of events in Russia (economics of Russia and Kazakhstan are closely connected).
To actively effect economic upturn can the start of Kashagan field development (oil and gas shelf), a complete transition to monetary and credit system of a new standard, and successful completion of state program directed to active development and support of industrial field.
According to experts’ forecasts the year of 2016 will become a starting point for economic growth. Significant changes of economic rates are expected by 2020. By that moment will have been implemented many reforms directed to reducing governmental influence on business.
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