Kazakhstan Economic Update, December 2020

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dc.creatorWorld Bank
dc.date2021-01-06T22:30:57Z
dc.date2021-01-06T22:30:57Z
dc.date2020-12
dc.date.accessioned2026-07-01T00:39:06Z
dc.descriptionThe fallout of the Coronavirus (COVID-19) pandemic has hit the economy more than the crises in 2008 and 2015. The pandemic is projected to shrink by 2.5 percent this year. The economy is expected to grow modesty by 2.5 percent next year, based on an improved global economic outlook. This report estimates Kazakhstan’s poverty rate will increase to 12-14 percent in 2020 from a baseline of 6 percent Nevertheless, there are significant risks because of uneven economic recovery across countries due to the protracted pandemic and higher debt-related risks to the global financial market. The domestic financial sector is also exposed to a higher risk of growing non-performing loans if support measures are withdrawn.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/792601609750238730/Kazakhstan-Economic-Update-A-Slow-Recovery-Through-the-COVID-19-Crisis
dc.identifierhttps://hdl.handle.net/10986/34977
dc.identifierhttps://doi.org/10.1596/34977
dc.identifier.urihttp://hdl.handle.net/123456789/408331
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectECONOMIC GROWTH
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectEXTERNAL SECTOR
dc.subjectRECESSION
dc.subjectINFLATION
dc.subjectBALANCE OF PAYMENTS
dc.subjectMONETARY POLICY
dc.subjectFISCAL TRENDS
dc.subjectFISCAL POLICY
dc.subjectECONOMIC OUTLOOK
dc.subjectRISKS
dc.subjectPOVERTY
dc.titleKazakhstan Economic Update, December 2020
dc.titleA Slow Recovery Through the COVID-19 Crisis
dc.typeReport
dc.typeRapport
dc.typeInforme

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