Price: $ 1295
BMI View: Kazakhstan is set for a period of solid, if not spectacular, real GDP growth in the years ahead, with our forecasts showing 5.4% and 5.5% expansion in 2013 and 2014 respectively. Private consumption is set to remain the primary driver of growth. Indeed, we forecast private consumption to remain robust throughout the course of 2013 and into 2014, with projected growth of 6.6% and 6.1% y-o-y respectively. Kazakhstan remains an attractive destination for foreign investments owing to its vast natural resources wealth, good location to export to high growth markets in East and South Asia, and steadily improving business environment. Headline Industry Data (local currency): ? 2013 per capita food consumption: +8.8%; compound annual growth rate (CAGR) forecast to 2017: +10.1% ...
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