How Rising Global Borrowing Costs Could Affect Kazakhstan's Economy
Summary
The EDB states that Kazakhstan's low public debt and external reserves secure its access to international capital and support a path to an 'A' credit rating.
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The Eurasian Development Bank (EDB) has assessed the potential impact of rising global borrowing costs on Kazakhstan's economy. According to analysts, the country maintains strong financial buffers.
The EDB noted that Kazakhstan's low public debt levels and external reserves ensure ongoing access to international capital markets and support the nation's pathway toward achieving an 'A' category credit rating.
Source: Kapital.kz
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