According to forecasts, nominal GDP to make KZT 28.9 trln in 2012 - Kelimbetov

ASTANA. August 27. KAZINFORM /Serik Sabekov/ According to forecasts, the nominal GDP will make KZT 28.9 trln in 2012, increasing to KZT 44.7 trln by 2017.

photo: QAZINFORM

Introducing the forecast of the socio-economic development of the country for 2012-2016, Kazakh Minister of Economic Development and Trade Kairat Kelimbetov has announced it at the Government's session

The Minister noted that in 2012 forecast price level for the baseline scenario makes USD 80 per barrel, in 2013-2016 - at the level of USD 70.

He also outlined that the forecast of macroeconomic indexes is formed taking into account results of the first half of the year, the current situation at the world commodity markets, adjusted forecasts of international organizations on world prices for major export commodities.