The International Monetary Fund predicts that Kazakhstan's GDP will grow 3.3%. The IMF experts presented another world economic outlook in Almaty. The expected figure is higher comparing to the last year's forecast. According to analysts, one of the key factors of the GDP growth is the beginning of oil production at the Kashagan field. The oil export increased by 10%. Analysts say that positive dynamics will continue in the future due to stable prices for oil within the US$50-55 range per barrel.

JUHA KAHKONEN, DEPUTY DIRECTOR, IMF’S MIDDLE EAST AND CENTRAL ASIA DEPARTMENT:

- The IMF spokesperson highlighted that he doesn’t see any significant disagreements between his GDP growth forecast for Kazakhstan and expectations of Kazakhstan’s National Bank.

JUHA KAHKONEN, DEPUTY DIRECTOR, IMF’S MIDDLE EAST AND CENTRAL ASIA DEPARTMENT:

- The IMF experts support the measures taken by Kazakhstan and advise to continue to regulate the country's currency market and strengthen the banking industry.

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