What Lies Behind Kazakhstan’s External Debt

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s external debt rose 7.5% year on year to $182.8 billion as of April 1. External liabilities of the government and state-controlled institutions jumped 39%, while private-sector debt remained virtually unchanged and intercompany debt linked to foreign direct investment declined 5.5% in one year. The National Bank defines external debt as debt obligations… The post What Lies Behind Kazakhst...

By Fatima Kemelova