Kazakhstan

The Kazakh economy contracted by 3.0% y-o-y during the first half of 2009 and is on track to meet our full-year -1.9% forecast. Beyond this year's recession, we expect to see a fairly... 2009-11-23

In a move criticised by the opposition as curbing media freedoms, Kazakhstan's upper house of parliament approved a new law on November 19 which will introduce tougher punishments... 2009-11-23

Kazakh industrial output growth flipped back into positive territory in June following seven consecutive months of y-o-y contractions. Industrial production expanded by 7.0% y-o-y,... 2009-09-30

Latest balance of payments data from the National Bank of Kazakhstan affirms our view for Kazakhstan to post a current account deficit in 2009. We hold to our forecast for a US$4.5bn... 2009-09-30

Following the 2.2% fall in real GDP during the first quarter, we expect the Kazakh recession to find a bottom at some point during Q209-Q309, with our forecast for a full-year contraction... 2009-07-27

Despite recent rumors of a further devaluation of the Kazakh tenge by end-2009, we believe that the National Bank of Kazakhstan will continue to keep the unit close to its current... 2009-07-24

Russia's decision to back out of WTO accession negotiations in favour of a new multilateral application as part of a customs union with Kazakhstan and Belarus, presents a significant... 2009-06-16