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ASTANA (TCA) — Kazakhstan continues to withstand challenges related to lower oil prices and slower growth in Russia, China and Europe. The Kazakh authorities’ response—targeted fiscal support, exchange rate adjustment, strengthened domestic liquidity management, and structural reforms focusing on the business climate and public administration—has helped stabilize conditions, the International Monetary Fund (IMF) mission said in a statement at the end of its official staff visit to Kazakhstan on February 8.

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