Kazakh PM: Second wave of crisis inevitable
15:38, 23 January 2012
ASTANA. January 23. KAZINFORM The second wave of the crisis is inevitable, Kazakh Prime Minister Karim Massimov said in an interview with the "Kommersant"newspaper.
"It will happen in 2012-2013. The question is how deep this wave will be and from which side it will come. Nobody can forecast this yet," Massimov said.
Massimov does not believe that any politician in the world will be able to prevent this wave, Trend reports
According to Massimov, the crisis can entail some serious social consequences for Kazakhstan.
"The crisis will inevitably impact on the price of Kazakh main export commodities - natural resources. Therefore, we should conduct a macroeconomic stabilization," Massimov said.