Macro Analysis /

Kazakhstan: Government revises 2021 macroeconomic assumptions and budget parameters

    20 April 2021
    • GDP growth forecast increased to 3.1%, total exports raised by over USD 10bn
    • Headline budget deficit revised from 3.4% of GDP to 3.5% as expenditure reaches KZT 15.3tn
    • Revenues ex. transfers upped by KZT 300bn, targeted oil fund transfer increased from KZT 1tn to KZT 1.85tn