​IMF forecasts economic slowdown in Kazakhstan in 2015-2016

International Monetary Fund (IMF) predicts an economic slowdown in Kazakhstan in 2015 to 2%, the IMF said in its new world economic outlook.

According to the IMF forecast, Kazakhstan's GDP in 2016 will be at 3.1%. By 2020, the GDP growth will make 4.2%.

The Consumer Price Index, according to the IMF, will be 5.2% in 2015, in 2016 - 5.5%.

The lower economic growth forecast is connected to drop in oil prices and suspension of Kashagan oil field, as well as the global economic slowdown.

Source: akipress.org