21 Jul 2009 13:36


ASTANA. July 21. (Interfax) - In the second quarter of 2009 Kazakhstan's gross domestic product (GDP) grew more than 3%, Kazakh Prime Minister Karim Masimov told a Tuesday government meeting in Astana.

"According to statistics, economic growth in the second quarter of 2009 topped 3%. Those measures, taken by order of the president, have produced positive results," he said.

According to the forecasts by the National Bank, GDP this year will grow between 0$ to 1%. Kazakh Economy Ministry forecasts a 1% GDP growth.

GDP grew 3.2% in 2008 against 2007 but shrank by 2.2% in the first quarter of 2009.

Meanwhile, the International Monetary Fund (IMF) believes, that Kazakhstan's GDP in 2009 will grow only 1% while the European Bank for Reconstruction and Development expects Kazakhstan's economy to grow 2%.