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
Locations
Industries
Author:
Shaimerden Chikanayev
Location:
Almaty, Kazakhstan
Industry:
Banking & Finance
Practice area:
Finance and Securities
Customs Law, International
Trade & WTO
Project Finance &
Public-Private Partnership (PPP)
Restructuring & Insolvency
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