Marchenko: crisis will end when economic growth is 5% per year
18:27, 18 November 2009
ATY. November 18. KAZINFORM /Yekaterina Ionova/ The crisis will come to an end when the economy's growth reaches 5 percent per year. Chairman of the National Bank of Kazakhstan Grigory Marchenko has announced such forecast at the online conference at www.bnews.kz on Wednesday.
Answering the question on when the crisis will end, he said that we will be able to talk about beginning of overcoming the crisis, when the economy's growth reaches 5 percent per year and growth of economic financing reaches 10 percent per year.
"But these indexes should be kept for two quarters one after another", he noted.