Kazakhstan Food And Drink Report Q2 2010

Kazakhstan Food And Drink Report Q2 2010With oil prices trending higher on the back of improving global demand conditions, we expect the Kazakh economy to return to positive growth in 2010, which comes as welcome news for the country’s food and drink industry. The global economic downturn took its toll on Kazakhstan, with the economy estimated to have contracted by 1.9% in 2009 as deflating asset prices, deleveraging and subdued external demand took their toll.

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INTERVIEW: EBRD puts up $1bn to help Kazakhstan diversify

INTERVIEW: EBRD puts up $1bn to help Kazakhstan diversifyThere is a window of opportunity to diversify Kazakhstan’s economy as the crisis ebbs and before commodity prices shoot up again, the European Bank for Reconstruction and Development’s country director for Kazakhstan tells bne, and the EBRD plans to invest up to $1bn to support the government’s development plans.

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