Forecast of oil prices announced in Kazakh Ministry of National Economy - News | BNews

Forecast of oil prices announced in Kazakh Ministry of National Economy

12 February, 16:43 198
Forecast of oil prices announced in Kazakh Ministry of National Economy

Today, the price varies slightly above 60 dollars per barrel.

The First Vice Minister of National Economy of Kazakhstan Ruslan Dalenov talked whether the macroeconomic forecast of the country will be changed at a press conference in the CCS, BNews.kz correspondent reports.  

"The macroeconomic forecast will be clarified. The last year was better, inflation was lower, world prices were higher, the industry grew stronger and more diverse." In general, forecasts will be faster, higher, stronger for this year. We are preparing the relevant proposal," Dalenov said.

He also noted that first of all, according to the macroeconomic forecast, the price for oil will be specified.

"The price for oil was set at 45 dollars per barrel for this year, and today the price varies slightly above 60 dollars per barrel. The consensus forecast of the UN, the World Bank, and the IMF varies around 58 dollars. We now choose for the forecast price to put in the budget for this year," the First Vice Minister said.

At the same time, the Ministry of National Economy of Kazakhstan expects an additional increase in exports, as the industry grew significantly last year.

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