By empty (11/21/2005 issue of the CACI Analyst)
Kazakhstan will repay ahead of schedule a total of $849 million of its foreign debt by the end of this year, Finance Minister Arman Dunayev said on Monday. Dunayev told a government meeting that the early repayment would allow the Central Asian state to save $209 million in debt servicing. Dunayev also said that the early debt repayment would allow the nation\'s monetary authorities to soak up excessive money supply and keep quickening inflation in check.The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.
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