Withdrawals from Kazakhstan's National Fund May Increase Inflationary Pressure, Expert Says
Economist Murat Temirkhanov stated that withdrawals from Kazakhstan's National Fund could exacerbate inflationary pressures, despite high oil prices benefiting the economy. He predicts inflation to be around 8-9% next year, doubting Kazakhstan's ability to reach the National Bank's 5% target by 2028. The National Bank has revised its inflation forecast upwards for 2027.
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