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Kazakhstan's external debt nears $135bn

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As of September 30, Kazakhstan's external debt amounted $134.9bn against $125.2bn in early 2012, reports country's national bank.

As per NatBank's data, the external debt of banking sector has reduced by 3.9% within a reporting period -- down to $14.03bn.

Over the period January-September 2012, state debt and state-guaranteed external debt decreased from 4.4% to 4.1% of gross national product, while unsecured debt saw increase from 95.6% up to 95.9%.

The report also provides that as of October 1, 2012, 48.8% of foreign debts comprised of intercompany indebtedness, i.e. liabilities before overseas parent companies, subsidiaries and affiliates, as well as liabilities of foreign companies acting within the country.

IA Novosti-Kazakhstan

January 3 2013, 16:49

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