192Kazakhstan Financial Sector at the Time of Low Oil Prices
// Russia and New States of Eurasia. 2016. no. 4. P. 49-60
// Russia and New States of Eurasia. 2016. no. 4. P. 49-60
Rubric: Economy and politic
Abstract. Kazakhstan financial sector was badly hurt as the result of fall of oil prices. Practically all indicators of the state of the national financial system deteriorated. A rapid growth of indebtedness of all sectors of the national economy became one of the most acute problems of Kazakhstan.
Keywords: Kazakhstan, Kazakhstan financial system, financial instability, credit market, tenge devaluation, indebtedness
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