Recalibration of public–private partnership policy in Kazakhstan — what to expect?
In 2020, Kazakhstan faces a hurricane in the form of the impact consequences of the COVID-19 pandemic and the plunge in the price of oil to a 20-year low, including, among others, decreased economic activities, devaluation of the local currency (tenge), reduced foreign direct investments in risky markets and shrinking state budgets.
Author:
Shaimerden Chikanayev, Partner, Banking and Finance department, GRATA International
Almaty