In the face of recent natural disasters and regional challenges, Central Asian economies are projected to maintain growth throughout 2024 and 2025, according to the latest Regional Economic Prospects (REP) report released by the European Bank for Reconstruction and Development (EBRD).
Despite a temporary slowdown in 2024 due to severe floods in Kazakhstan and extreme cold weather in Mongolia, the region is expected to rebound, with growth rates reaching 5.9% in 2025. Kazakhstan, the…