IMF maintains Kazakhstan’s 2023 GDP growth forecast at 4.3%

The International Monetary Fund has affirmed its January forecast that Kazakhstan's economy will grow by 4.3 percent in 2023. Besides, the financial institution has improved its projection for GDP growth in 2024 to almost five percent. Meanwhile, inflation is expected to slow down to 15 percent this year, with a further significant decline to 8.5 percent in 2024, according to analysts’ predictions.