h Kazakh National Bank urges spending cuts amid oil price decline
Updated on April 11, 2025, 09:55PM (AST)

11.04.2025, 17:06

Kazakh National Bank urges spending cuts amid oil price decline


ALMATY. April 11 (Interfax-Kazakhstan) - Kazakhstan should reduce government budget expenditures and spending by national holdings Samruk-Kazyna and Baiterek if current global economic pressures persist, particularly low oil prices, the National Bank Chairman Timur Suleimenov told a Friday briefing.


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