Growth in services is projected to slow to 7.0% in 2023 before recovering to 7.5% in 2024 with support from retail trade and transportation, noted in Asian Development Outlook published by the Asian Development Bank (ADB), APA-Economics reports.
"KazmunayGaz of Kazakhstan and the State Oil Company of Azerbaijan are close to agreeing on transporting oil from Kazakhstan, which would boost transport services if agreement is reached," noted in the publication.