Kazakhstan will fear low oil price longevity
Kazakhstan is suffering under the weight of low oil prices and Astana's woes are being exacerbated by Russia's slowdown
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In this article
- Economy in crisis
- Oil crisis
- Shrinking economy
- Financial market instability
- Tenge depreciation
- Dollarisation danger
- Government response
- Spending cuts
- Privatisation
- Lack of structural reforms
What is this?
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_350.jpg "President Nursultan Nazarbayev at his annual address to the nation in Astana (Reuters/Mukhtar Kholdorbekov)")