Kazakhstan is an upper-middle-income country with GDP per capita of nearly US$10.5 thousand in 2015. Kazakhstan has been seriously affected by external shocks, including lower oil prices. GDP growth slowed from 4.1% in 2014 to 1.2% in 2015 and 0.1% during the first half of 2016.
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July 22, 2016 — The summer 2016 edition of biannual Kazakhstan Economic Update "A Long Road to Recovery" outlines the economic situation in the country and medium-term development prospects.
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