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Kazakhstan prepares to reduction of oil prices below $80.00

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2443497.9.3Kazkahstan has worked out various scenarios of development of economy in case of reduction of oil prices, said Kazakhstan Minister of National Economy Yerbolat Dosayev.

            “The price has already gone down to $80.00 per barrel. I have submitted the forecast of socio-economic development and the negative scenario was based on the price of $80.00 per barrel. We have also worked out other options in case of further reduction of oil prices,” Dosayev said at a briefing in the Central Communications Service.

            He said the government must discuss all the options of economy development to know what to do with the government’s expenses, writes http://newskaz.ru.

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