Kazakhstan revises GDP growth outlook upward as oil production, investments rise
Kazakhstan’s economy grew by 5.6% in the first quarter of 2025, surpassing the National Bank of Kazakhstan’s earlier forecasts, according to the bank’s latest economic outlook. The stronger-than-expected expansion was primarily fueled by an earlier-than-anticipated increase in oil production at the Tengiz field, alongside robust growth in non-oil sectors and rising domestic demand.
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