Zhumangarin presents three economic scenarios for Kazakhstan
Kazakhstan's government has prepared three scenarios for the country's economic development in 2027, with GDP growth ranging from 3.2% to 5.9% depending on oil prices. Presenting a 2027-2029 socio-economic forecast at a Kurultai meeting, Minister of National Economy Serik Zhumangarin said the government expects slower GDP growth among Kazakhstan's main trading partners. International organisations have also lowered their 2027 oil price forecast to $70.3 per barrel.