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To what extent the republic's budget is social and how corruption components reduce the effectiveness of government spending.
The IMF mission assessed Kazakhstan's economy as stable IMF experts warn: infrastructure projects are slowing down! The IMF warned about the risks of inflation: year-on-year, there was an excess of 11% Kazakhstan and external challenges: lower growth rates in trading partner countries and fluctuating oil prices
Material No. 4 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
Material No. 5 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
Material No. 6 in the series “School in the Age of Artificial Intelligence.” TALAP Center for Applied Research in partnership with Global Education Futures.
Everyone was watching oil, food, and aviation kerosene. But the most durable consequences of the war manifested themselves in other sectors: fertilizers, petrochemicals, aluminum, insurance, and ocean freight. This is a story about why the loudest fears do not always turn out to be the main impact.
The Gulf War passed by Kazakhstan’s export route — but not by its economy. The real blow came not through Hormuz, but through the Black Sea, the CPC, Tengiz, and the limited capacity of alternative routes. This is the story of a country for which a high oil price proved weaker than an infrastructure disruption.
The war became a test for forecasters. Almost everyone identified the key point: the risk for Kazakhstan was not in Hormuz, but in the CPC, Tengiz, and export infrastructure. But beyond that, forecasts diverged. Some focused on GDP, others on the oil price, and still others on the tenge exchange rate. Reality showed that the key variable was not the Brent price, but the country’s ability to produce, export, and monetize oil.
