ALMATY, Kazakhstan -- Kazakhstan is struggling to balance its books amid poor tax discipline and bloated spending, and it faces uncertainty as the U.S. President-elect Donald Trump looks to spur oil output. If the global oil prices get cheaper, it would be a blow to the government in charge of the oil dependent economy.
Economy
Kazakhstan's budget concerns deepen as oil prices hinge on Trump policy
Poor tax discipline leaves government struggling to balance books
Tanks at an oil field operated by Caspiy Neft, one of Kazakhstan's largest oil companies. Oil revenue is an important source of funds for the national government. © Reuters
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