Central Asia battered by external shocks — IMF
- Written by TCA
BISHKEK (TCA) — Economic growth has slowed to a two-decade low in the Caucasus and Central Asia (CCA) region, owing to the large and sustained decline in commodity prices, wide-ranging spillovers from Russia's recession, and the slowdown and rebalancing of China's economy, says the IMF Regional Economic Outlook April 2016 for Middle East and Central Asia.