Experts: As Inflation Falls, Kazakhstan Faces New Monetary Policy Trade-Off

The Astana Times provides news and information from Kazakhstan and around the world. ALMATY – Kazakhstan’s annual inflation slowed to 10.2% in July, extending its decline for a tenth consecutive month, while lending is increasingly shifting from consumer borrowing toward business financing, according to National Bank (NBK) Governor Timur Suleimenov’s report to President Kassym-Jomart Tokayev on Aug. 13.  The figures point to a changing balance in Kazakhstan’s economy.… The post Experts: As In...

By Fatima Kemelova