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Kazakhstan’s current account deficit expected to widen amid lower oil prices and rising imports

GenevaTimes by GenevaTimes
June 15, 2025
in Europe
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Kazakhstan’s current account deficit expected to widen amid lower oil prices and rising imports
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Economy
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15 June 2025 14:26 (UTC +04:00)

Kazakhstan’s current account deficit expected to widen amid lower oil prices and rising imports


Kazakhstan’s current account balance is expected to remain in deficit through 2027, with projections worsening due to falling export revenues and persistently strong demand for imported goods, according to the latest economic outlook by the National Bank of Kazakhstan (NBK).

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