09.05.2016 21:06:00
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Kazakhstan, Government of -- Kazakhstan's Baa3 rating supported by low public debt and sizable fiscal reserves
New York, May 09, 2016 -- Moody's Investors Service says Kazakhstan's Baa3 rating is supported by the country's relatively high wealth levels, low public debt and high debt affordability, as well as sizable fiscal reserves held in foreign exchange, providing a significant buffer against the negative fiscal and balance of payments impact of lower oil prices.