Oil up as cooling US inflation points to possible easing
- Kazakhstan is facing difficulties in balancing its budget due to poor tax discipline and high spending.
- President Kassym-Jomart Tokayev signed the national budget for 2025, expecting tax collection to cover only 60% of planned spending.
- The budget deficit for Kazakhstan is estimated at 2.7% of GDP for 2024, unchanged from 2023.
- A drop in global oil prices could adversely affect Kazakhstan's oil-dependent economy.
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Coverage Details
Total News Sources0
Leaning Left1Leaning Right2Center2Last UpdatedBias Distribution40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Center
L 20%
C 40%
R 40%
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