Kazakhstan's National Bank New Policy: Expert Analysis on Economic Impact

Kazakhstan's National Bank has begun cautiously easing its monetary policy, lowering the base rate from 18% to 16.25% by September. Despite improving macroeconomic indicators and falling inflation, experts note that real incomes are stagnant, credit costs remain high, and rapid rate cuts could reignite inflation. The policy's true meaning for the population and economy is under scrutiny.

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