22 August 2011 | 15:05

Massimov forecasted drastic change of world economy

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Illustration by tengrinews.kz Illustration by tengrinews.kz

Kazakhstan Prime-Minister Karim Massimov is forecasting a drastic change in the world economy, Tengrinews.kz reports. “Special attention should be given to the world market conditions which have a very strong effect on our local production and consumption. Maybe we need to once again critically look at the facilities we have built and consider them from the angle of the world situation. I think that it will be changing quite drastically,” Kazakhstan PM said at the Government meeting on August 22. Today, August 22, the Government discussed implementation of the State program of accelerated industrial-innovative development of Kazakhstan. Ministry of Industry and New Technologies suggested to develop a new 3-year plan. The government will approve a national plan on foreign investments in September.

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Kazakhstan Prime-Minister Karim Massimov is forecasting a drastic change in the world economy, Tengrinews.kz reports. “Special attention should be given to the world market conditions which have a very strong effect on our local production and consumption. Maybe we need to once again critically look at the facilities we have built and consider them from the angle of the world situation. I think that it will be changing quite drastically,” Kazakhstan PM said at the Government meeting on August 22. Today, August 22, the Government discussed implementation of the State program of accelerated industrial-innovative development of Kazakhstan. Ministry of Industry and New Technologies suggested to develop a new 3-year plan. The government will approve a national plan on foreign investments in September.
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