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WorldPosted at: Oct 13 2020 11:18AM


Kazakhstan’s economy ministry predicts GDP fall of 2.1 per cent in 2020 - Dalenov

MOSCOW, Oct 13 (Sputnik) Kazakhstan forecasts a GDP decrease of 2.1 percent this year, Minister of National Economy Ruslan Dalenov said.
In March, Kazakhstan's National Economy Ministry forecast GDP growth of 4.1 percent for the current year, but after the collapse on world commodity and financial markets, the forecast was revised to a 0.9-percent decrease.
"Taking into account the current economic trends and according to our estimates, GDP growth in 2020 will amount to -2.1 percent," Dalenov said at a government meeting on Tuesday.
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