GDP growth in Kazakhstan will slow to 4.5% in 2014 - S&P
Date: 10:28, 16-06-2014.
Almaty. June 16. KazTAG - Kazakhstan's GDP growth will slow down to 4.5% in 2014, predict the analysts of international rating agency Standard & Poors.
"We expect real GDP growth in 2014 to slow down to 4.5%, which is mainly due to the smaller volume of oil, relatively stable oil prices, as well as the situation in the region, including the slowdown in the Russian economy", - stated in the information disseminated on Monday.
According to experts of S&P, the growth will be supported by the Government planned release of 1 trillion tenge ($5.5 billion, or 2.5% of GDP) of oil assets in 2014-2015.