Kazakhstan hopes proactive crisis spending is enough

Subject

Kazakhstan's post-COVID-19 outlook.

Significance

Kazakhstan has been hit hard by the COVID-19 pandemic and the plunge in oil prices, but has taken timely remedial action. The health ministry has warned that a second wave of infections is possible later this year.

Impacts

• The crisis highlights Kazakhstan's reliance on oil and on trade with China.
• COVID-19 outbreaks at the Tengiz oilfield and Kazakhmys copper mine will directly affect output capacity.
• The government will need a campaign to deflect ‘anti-vaxxer’ resistance as it drives legislation making certain vaccinations mandatory.