[ 19 May 2015 14:44 ]
Baku. Musa Ahmadov – APA-Economics. Azerbaijan and Kazakhstan are more ready for crisis than regional countries due to having reserve funds, said the Governor of the National Bank of Kazakhstan, Kairat Kelimbetov, APA-Economics reports quoting Kazakh Information Agency.
“As of today, gold reserves of the National Bank and the National Fund make $100 bln. According to our calculations, we’ll not use National Fund’s reserves if the oil price is above $55. In this situation, the capital inflow will remain positive”, he said.
Moreover, the governor noted that Russian economy will star to rebound from the last quarter of the year and the regional economic growth will rise next year.
