Kazakh central bank sees GDP growth at 5-6 pct in 2013
ALMATY Jan 9 (Reuters) - Kazakhstan, Central Asia's largest economy, expects gross domestic product to expand by 5 to 6 percent this year, National Bank Governor Grigory Marchenko said on Wednesday.
Deputy Prime Minister Kairat Kelimbetov said last month that the oil-fuelled economy was expected to grow by at least 5 percent in 2012.
Quoting preliminary central bank data, Marchenko said the loan portfolio of Kazakhstan's banking sector had expanded by 12.3 percent last year. (Reporting by Mariya Gordeyeva; Writing by Dmitry Solovyov; Editing by Peter Cooney)
- U.S. war veteran released by North Korea returns home |
- South Korea to make announcement on air zone; expansion is anticipated |
- Pro-Europe protesters gather for rally in Kiev
- Pennsylvania newlyweds "just wanted to murder someone together:" police
- Thai PM proposes referendum on her future as protesters prepare big push