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ASTANA Jan 23 Kazakhstan's economic growth
slowed to 5.0 percent in 2012 from 7.5 percent a year earlier as
the general instability of the global economy dealt it a blow,
Prime Minister Serik Akhmetov said on Wednesday.
Oil-producing Kazakhstan, Central Asia's largest economy, is
also a major producer and exporter of uranium, industrial metals
"Amidst an unstable global economy and in unfavourable
market conditions, the government adopted a set of rapid
anti-crisis measures as you ordered, which allowed to keep
economic growth at 5 percent in 2012," Akhmetov reported to
President Nursultan Nazarbayev during a meeting with the cabinet
which was broadcast live.
Akhmetov gave no projection for GDP growth this year.
Kazakh central bank head Grigory Marchenko said this month
he expects GDP to expand by 5 to 6 percent this year.
(Reporting by Raushan Nurshayeva; Writing by Dmitry Solovyov;
Editing by Toby Chopra)