2020: The weak point of the state budget
A review of macroeconomic indicatorsSome important macroeconomic indicators for next year can be summarized as follows: The real GDP growth in the country will be 82.7 billion manats (2.4%) in 2020, as well as the non-oil GDP growth will be 54.2 billion manats (3.3%).The inflation rate is expected to rise to 4.6% next year. It is not hard to know how far this figure is from real inflation. According to the alternative inflation methodology, if yo...
Analytics
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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