AKIPRESS.COM - Higher-than-expected production in the Kashagan oil field and strong domestic demand supported growth in Kazakhstan, the World Bank said in its Global Economic Prospects: Europe and Central Asia Darkening Skies .

The growth rate of Kazakhstan’s economy will decrease to 3.5% in 2019 as oil production growth levels off and further fiscal consolidation efforts continue, the World Bank said.

Activity in Europe and Central Asia is estimated to have slowed to 3.1% in 2018, reflecting weakness in Turkey in the second half of the year.

Russia and other oil exporters maintained steady growth in 2018 as oil prices rose.