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Kazakhstan - The economy has bottomed out : what is next? - country economic update (Spring 2017) (Английский)

In 2016, Kazakhstan’s GDP growth continued to slow and real wages declined further, negatively affecting poverty rates. The authorities reacted by extending additional spending measures and easing monetary conditions. In the medium term, Kazakhstan’s economic growth rate is projected to pick up slowly, but it will remain below pre-2014 levels (when the oil price shock hit the economy). In the longer term, Kazakhstan’s desire for an economic transformation...
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