Central Asian economies slowing down, IMF predicts

IMFCentral Asian economies: The IMF today corroborated concerns voiced by the EBRD earlier this week that a combination of Russia’s economic slowdown and low oil prices were hampering growth across Eurasia. In its latest regional outlook report it is predicting that the average growth in the eight former Soviet states of Azerbaijan, Kazakhstan, Turkmenistan, Uzbekistan, Armenia, Georgia, Kyrgyzstan and Tajikistan would slow down to 3.2% this year from 5.3% in 2014.