June 12, 2020 / 6:44 AM / a month ago

BRIEF-Moody's Says Kazakhstan's Credit Profile Reflects Growing Economic Resilience

June 12 (Reuters) -

* MOODY’S - KAZAKHSTAN’S CREDIT PROFILE REFLECTS GROWING ECONOMIC RESILIENCE

* MOODY’S - KAZAKHSTAN’S POSITIVE OUTLOOK SIGNALS THAT A DOWNGRADE IS UNLIKELY OVER THE NEAR TERM.

* MOODY’S SAYS EXPECTS KAZAKHSTAN’S GROWTH TO REMAIN STRONG OVER MEDIUM TERM, DESPITE CONTRACTION IN 2020 DUE TO CORONAVIRUS AND LOWER OIL PRICES

* MOODY’S- KAZAKHSTAN’S GDP SHOULD REBOUND AND GROW BY AROUND 3.0% IN 2021 Source text for Eikon: Further company coverage: [ ]

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