Deficit of current account increased by 2.4 times in Kazakhstan - National Bank

Astana. January 24. KazTAG - The deficit of current account of Kazakhstan has grown up by 2.4 times - from $1.8 bn to $4.3 bn, said Yerbolat Dosayev, chairman of the National Bank of Kazakhstan.
"The deficit of current account amounted to $4.3 bn by the results of nine months 2019. The growth was contributed by the increase of imports by $2.7 bn  (against $1.8 bn by the results of nine months 2018) following growing delivery of non-food and investment goods," said Dosayev.
In his words, the deficit was also connected with the reduction of goods export by $0.9 bn due to lower oil prices.

Photo source: picture from an open source


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