2011 to be difficult for world economy: Head of Government
14:23, 27 July 2010
ASTANA. July 27. KAZINFORM /Kanat Kulshmanov/ "Coming 2011 will be difficult for the world economy, in this regard Kazakhstan must verify its every act", Kazakh Prime Minister Karim Massimov has said today at the briefing.
"The Governments of the EU states and USA decided to abandon stimulus measures due to the budget deficit. As long as many countries including the EU members see threats in the instability of the financial and budgetary spheres. This means that the external demand will reduce in 2011", K.Massimov said.
In this regard the Head of the Government noted that Kazakhstan should conduct a wise macroeconomic policy verifying every action as long as 2011 would be difficult for the world economy.