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Kazakh policymakers seek growth in non-oil sectors

Location:

KAZAKHSTAN

The modest GDP increase is attributed to government support for the economy as well as steadier oil prices and the launch of production at the Kashagan oil field. Low debt levels…

Central Asia faces debt risk alongside Silk Road gains

Location:

CENTRAL ASIA

Central Asian gains and risk from the Belt and Road Initiative

Russia's grand development plan goes ahead amid delays

Location:

RUSSIA

The budget allocates substantial funds to the National Projects, a sweeping development programme unveiled in 2018 and rescheduled in July this year. Despite the renewed focus on…

Russian economy edges into recovery phase

Location:

RUSSIA

Positive signs are still thin on the ground, but a modest recovery in demand is apparent. Oil export figures are less bad than they could have been, and natural gas sales are…

Russian exports to China will rise as investment lags

Location:

RUSSIA/CHINA

Russia's deepening ties with China over the last four years reflect Moscow's isolation from the West. Despite Moscow's efforts, the pace of Chinese investment in Russia has been…

Kazakh fiscal buffers soften oil and COVID-19 blows

Location:

KAZAKHSTAN

The projected fiscal deficit of 3.5% of GDP assumes a forecast 2.1% economic contraction this year. The authorities have used their ample fiscal space and large sovereign wealth…

Kazakhstan's economic prospects brighten

Location:

KAZAKHSTAN

Kazakhstan's economy is coming out of a period of subdued growth. An improved external environment, increased oil production and the delayed impacts of past fiscal spending are…

Deeper ASEAN-Russia ties could see free trade deal

Location:

ASEAN/RUSSIA

Co-chaired by Moscow and ASEAN's 2016 chair, Vientiane, President Vladimir Putin presided with new Laotian Prime Minister Thongloun Sisoulith.

Low oil price will test Kazakhstan's finances

Location:

KAZAKHSTAN

Falling oil prices have the potential to cause further political instability and to strain Kazakhstan's energy-dependent finances. On January 16 Astana announced that it was…

Russian regions are to halve deficits this year

Location:

RUSSIA

Last year, these transfers hit a record level, as Moscow issued extra money to help regions cope with the COVID-19 pandemic, but this was still not enough to cover all their…