News digest (01/30/2023-02/05/2023)

Jusan Analytics team commented on the main economic news of the last week:

1. Copper prices are rising due to the stabilization of China’s economy;
2. The current account of the balance of payments has a surplus of 6.3 billion US dollars;
3. The IMF lowered the forecast of Kazakhstan’s economy for 2023 to 4.3%;
4. The portfolio of unsecured consumer loans in Kazakhstan increased by 28.3% and reached 7.7 trillion tenge;
5. The Central banks bought a record 1,136 tons of gold in 2022;
6. More than 10 thousand Kazakhstan citizens have filed for bankruptcy.