Kazakhstan's Economy Forecast: Oil Price at $70/barrel in Base Scenario for 2027-2029

Kazakhstan's socio-economic development forecast for 2027-2029 sets the base scenario oil price at $70 per barrel. Three variants are considered: optimistic ($85/barrel, 5.9% GDP growth), base ($70/barrel), and pessimistic ($50/barrel, 3.2% GDP growth). This aligns with reduced global oil price forecasts by international organizations.

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