Kazakhstan Sees Rising Savings and Debt Amidst Economic Shifts
Kazakhstan citizens are increasingly saving money, but their debt burden is also growing. AERC expert Yerassyl Serikbay explains that while affluent individuals contribute to savings, lower-income populations are relying on loans to offset declining real incomes. The National Bank's report indicates a decrease in real incomes throughout 2025, weakening purchasing power despite nominal gains.
Headline and summary written by daryo. The full report belongs to LS.