National Bank of Kazakhstan contemplates variants of oil prices reduction at $20 per barrel

National Bank of Kazakhstan contemplates variants of oil prices reduction at $20 per barrel

The National Bank of Kazakhstan is contemplating various options for dealing with the fall in oil prices up to $20 per barrel, the head of the National Bank of Kazakhstan Daniyar Akishev said in an interview for RBC.

According to him, the budget of Kazakhstan for the 2016-2018 years is formed at the oil price of $40 a barrel.

"We are ready for any changes in the oil market and we have clear plans on how to live at a price of $ 30 per barrel and even at the price of $ 20,'' Tass cites the head of the NBK.

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