Publication:
Kazakhstan Economic Update, December 2020: A Slow Recovery Through the COVID-19 Crisis

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dc.contributor.authorWorld Bank
dc.date.accessioned2021-01-06T22:30:57Z
dc.date.available2021-01-06T22:30:57Z
dc.date.issued2020-12
dc.description.abstractThe fallout of the Coronavirus (COVID-19) pandemic has hit the economy more than the crises in 2008 and 2015. The pandemic is projected to shrink by 2.5 percent this year. The economy is expected to grow modesty by 2.5 percent next year, based on an improved global economic outlook. This report estimates Kazakhstan’s poverty rate will increase to 12-14 percent in 2020 from a baseline of 6 percent Nevertheless, there are significant risks because of uneven economic recovery across countries due to the protracted pandemic and higher debt-related risks to the global financial market. The domestic financial sector is also exposed to a higher risk of growing non-performing loans if support measures are withdrawn.en
dc.identifierhttp://documents.worldbank.org/curated/en/792601609750238730/Kazakhstan-Economic-Update-A-Slow-Recovery-Through-the-COVID-19-Crisis
dc.identifier.doi10.1596/34977
dc.identifier.urihttps://hdl.handle.net/10986/34977
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectCORONAVIRUS
dc.subjectCOVID-19
dc.subjectPANDEMIC IMPACT
dc.subjectEXTERNAL SECTOR
dc.subjectRECESSION
dc.subjectINFLATION
dc.subjectBALANCE OF PAYMENTS
dc.subjectMONETARY POLICY
dc.subjectFISCAL TRENDS
dc.subjectFISCAL POLICY
dc.subjectECONOMIC OUTLOOK
dc.subjectRISKS
dc.subjectPOVERTY
dc.titleKazakhstan Economic Update, December 2020en
dc.title.subtitleA Slow Recovery Through the COVID-19 Crisisen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleKazakhstan Economic Update, December 2020
okr.date.disclosure2021-01-04
okr.date.doiregistration2025-05-07T11:42:48.408637Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/792601609750238730/Kazakhstan-Economic-Update-A-Slow-Recovery-Through-the-COVID-19-Crisis
okr.guid149471611897067307
okr.guid792601609750238730
okr.guid409241610093472618
okr.identifier.externaldocumentum090224b08816b579_2_0
okr.identifier.internaldocumentum32723316
okr.identifier.report155451
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/792601609750238730/pdf/Kazakhstan-Economic-Update-A-Slow-Recovery-Through-the-COVID-19-Crisis.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryKazakhstan
okr.topicHealth, Nutrition and Population::Disease Control & Prevention
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicPoverty Reduction::Employment and Shared Growth
okr.topicPrivate Sector Development::Private Sector Economics
okr.unitEFI-ECA-MTI-MacroFiscal-1 (EECM1)
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