The World Bank confirms Kazakhstan's GDP growth forecast at 4.7% for 2025 and 3.5% for 2026, with oil production driving recovery.
The World Bank has maintained its GDP growth forecast for Kazakhstan at 4.7% for 2025 and 3.5% for 2026, consistent with its projections from October.
The bank's latest Global Economic Prospects report, released on Thursday, reveals that Kazakhstan's economy grew by 4% in 2024, a decrease from 5.1% in 2023.
Additionally, the World Bank anticipates that the economies of Central Asia will grow by 5% in 2025 and 4.2% in 2026, with increased oil production expected to support Kazakhstan’s economic recovery and fuel growth.
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At the Kazakhstan - Estonia business forum, companies from both countries signed 11 commercial agreements totalling more than $517 million.
Estonian President Alar Karis arrived in Kazakhstan on 17 November for a state visit aimed at strengthening bilateral cooperation in trade, technology, and transport, signalling a new phase in Kazakhstan’s engagement with the European Union.
A passenger aircraft from Polish carrier LOT veered off a taxiway at Lithuania's Vilnius airport after arriving from Warsaw on Wednesday, halting all traffic, the airport operator said.
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The Hayli Gubbi volcano in Ethiopia’s Afar region erupted on Sunday morning (23 November), covering nearby villages in ash.
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Pope Leo continued his visit to Türkiye in Istanbul on Thursday (27 November), following a round of meetings in Ankara. This marks his first trip outside Italy since being elected in May as the leader of the 1.4-billion-strong Catholic Church.
Acting U.S. Ambassador Alan Purcell met with Georgia’s Finance Minister Lasha Khutsishvili to discuss economic ties, sanctions, and Georgia’s potential role in the U.S. TRIPP regional initiative.According to the U.S. Embassy in Tbilisi, the discussion touched on Georgia’s economic development, U.S.
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