spillovers from sanctions on Russia will exacerbate price pressures and weaken economic growth in 2022. Kazakhstan benefits from … strong fiscal and external buffers but risks to the outlook are elevated due to the uncertain impact on Kazakhstan of the … diversification. Climate-related challenges are acute for Kazakhstan given its outsized hydrocarbon sector, high per-capita greenhouse …

. Domestic and global climate policies would negatively affect Kazakhstan's economy, its firms, industries, and banks, with …Kazakhstan is vulnerable to transition risk due to the importance of its energy- and emissions-intensive sectors … emissions-intensives sectors may still experience losses, as climate change mitigation actions affect the economy at large and …

Kazakhstan saw a significant increase in crypto mining in 2021 following a ban on mining in China. Volatility in crypto … markets and energy shortages, coupled with a prohibition on the circulation of crypto assets in Kazakhstan, reduced the size …

In 2019 the responsibility to supervise the financial sector of Kazakhstan was assigned to the newly established Agency …

Following Kazakhstan's recovery from the 2014-15 decline in oil prices, the country was hit by a series of shocks … stabilize the economy. However, there are risks to the outlook. The financial system, which is small and bank …

declined to 9.8 percent in 2023, still well above the National Bank of Kazakhstan (NBK)'s target of 5 percent. Risks to the … outlook are tilted to the downside. The state's footprint in the economy remains large and structural reform implementation … has been slow in recent years. Despite strong buffers, the economy needs to be better prepared for future shocks in both …

This Technical Assistance report on Republic of Kazakhstan discusses details of National Accounts Statistics mission …