Kazakhstan Balances Low Debt with Growing Concerns Over Budget Efficiency

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakh Finance Minister Madi Takiyev stated that the country’s public debt remains manageable and within safe limits. As of the beginning of this year, public debt totaled 36.4 trillion tenge (US$74.7 billion), or 22.8% of the gross domestic product (GDP), significantly below the national target of 32% of GDP. The statement came amid… The post Kazakhstan Balances Low Debt with Growing Concerns Over B...

By Fatima Kemelova