sector, and impaired GDP growth in Kazakhstan. Executive Directors commended the authorities for their prudent macroeconomic …

This 2018 Article IV Consultation highlights that growth has strengthened in Kazakhstan supported by higher oil … current account. Inflation has declined and remained within the target band of the National Bank of Kazakhstan (NBK). This …

This 2019 Article IV Consultation with Republic of Kazakhstan discusses that the political transition has increased the …

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 …

Context: Over the past two decades, Kazakhstan has successfully harnessed its oil resources to bolster economic growth … key recommendations: The consultation focused on calibrating the policy response to address Kazakhstan’s near …

declined to 9.8 percent in 2023, still well above the National Bank of Kazakhstan (NBK)'s target of 5 percent. Risks to the …