Kazakhstan’s economy is set to experience a moderate growth acceleration, with real GDP forecast to rise by 3.5 percent in 2023 and 4 percent in 2024, propelled by the hydrocarbons sector, as oil production increases. Inflation has surged to its highest level since the late 1990s due in part to wage increases across sectors and crisis-related fiscal measures. Inflation is expected to remain high in 2023 due to elevated food prices and prices of imported...
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2023/04/17
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Report
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181259
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1
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2023/04/17
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Disclosed
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Kazakhstan Economic Update : Economic Recovery During Challenging Times
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Citation
Agaidarov,Azamat; Rahardja,Sjamsu.
Kazakhstan Economic Update : Economic Recovery During Challenging Times (English). Kazakhstan Economic Update Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099319004172398510