Nazarbayev warns against new wave of economic crisis

PAVLODAR. December 14. KAZINFORM Kazakhstan's President Nursultan Nazarbayev has warned against a new wave of global economic crisis in his state-of-the-nation address today.
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"Currently we see the continuation of 2007-2009 crisis, that has hit hard the world economy.

"In 2013-2014 the global economy may experience another setback, for instance, decline in raw material prices. And it may have negative impact on Kazakhstan's economy. We must meet the situation head-on and be ready to convert the situation to our own use," Nursultan Nazarbayev said.

On December 14, the Head of State summed up results of the implementation of "Kazakhstan-2030" Strategy and presented the new "Kazakhstan-2050" Strategy.

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