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Central Asia

Kazkhstan’s economic stabilization plan being finalized

Kazakhstan expects to put the final touches on its fiscal stabilization plan by November 25. One of the government’s top priorities is shoring up the country’s wobbly banking sector.

“I think there should be significant movement in the next two weeks,” Masimov told a cabinet meeting on November 10. The prime minister added that the first benefits of a $15 billion stimulus package, announced in October, should become evident within days.

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