183Kazakhstan 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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