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30 августа 2014 02:15
Kazakhstan will soon feel the rising cost of living: expert
Prices on gasoline spiked last week in Kazakhstan. The deficit of gasoline and diesel in the country still remains, and drivers in some Kazakh cities have to stand in lines stretching for kilometres. Uralsk in oil-producing Western Kazakhstan Oblast bordering on Russia is one of such cities.
Commenting on the situation Head of the Independent Union of Motorists emphasised that the recent increase in the fuel prices did nothing to resolve the structural deficit problem, Tengrinews reports. Kazakhstan producers only 60% of its fuel and imports the remaining 40%.
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