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Kazakhstan will not borrow money from IMF

Kazakhstan will not borrow money from IMF

Minister of National Economy Yerbolat Dosayev reported that Kazakhstan doesn't have plans to get loans of the International Monetary Fund.

"No, we don't conduct (negotiations on a loan), and we don't gather," he told journalists in a lobby of congress of "Nour Otan".

According to Mr. Dosayev, Kazakhstan intends "structural reforms" in order to offset the losses in a budget which are formed as a result of the low prices of energy carriers.

Photo: atameken.info

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