Kazakhstan's GDP to make 6 -7%, Marchenko

"In the mid-run all the key state documents are the republican budget. The forecast of the social and economic development, the country's economic policy, monetary policy fallen within the competence of the National Bank are elaborated taking into account three scenarios of development of events in world and home economy. The key criterion for their differentiation is the free market price, the most negative scenario - suggestion that the world oil price will stand at USD 40 per barrel and all ensuing consequences from this for Kazakh economy," Marchenko told the online conference held on Wed in Almaty.  

"We are ready to face challenges stemming from instability in the world economy though probability of the scenario of USD 40 per barrel is very low," he resumed.