The volume of state debt (excluding the state guaranteed portion) grew by almost 12%, reaching 35.5 trillion tenge. However, concerns regarding the volume of borrowings are exaggerated: state debt at 21.9% of GDP is low by global standards.
Kazakhstan's state debt for the nine months of 2025 (9M2025) grew by 11.5%, reaching 35.5 trillion tenge. This is slightly higher...
