The economic crisis officially hits Kazakhstan.
I'm not well-versed in macroeconomics, but this comes at a very unfortunate time for Zhezkazgan. The Kazakhmys corporation was laying off miners and limiting the hours of others before this even happened. The devaluation of the tenge has already led to some price increases in stores here, which is unfortunate considering the declining incomes and unwise spending habits of many families here. From what I can tell, saving money isn't very popular and most people seem to live paycheck-to-paycheck even when times are good.
At least takes a whole lot of pressure off the Peace Corps Kazakhstan budget...
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