Kazakhstan’s current account deficit widened to USD 2.9 bln in the fourth quarter of 2024, from USD 0.3 bln the previous quarter. Further, the IMF as released its Article IV report on Kazakhstan, noting that economic growth has remained robust, with inflation easing, though structural reform implementation remains slow. It added that risks to the economic outlook are skewed to the downside, including potential effects of slowing global growth, intensification of regional conflicts, secondary sanctions, or commodity price and export disruption.