Republic of Kazakhstan: Staff Report for the 2004 Article IV Consultation

October 28, 2004

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Republic of Kazakhstan: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

This 2004 Article IV Consultation highlights that Kazakhstan’s economy continues to expand rapidly, with average real growth of more than 10 percent over the past three years, and an estimated 9.1 percent in the first quarter of 2004. Economic growth has been driven by increasing oil production, supported by high oil prices and rising foreign investments. Structural reforms are well advanced compared with other countries in the region, but the implementation of the reform agenda has slowed somewhat since 2000.

Subject: Balance of payments, Budget planning and preparation, Current account, External debt, Oil prices, Prices, Public debt, Public financial management (PFM)

Keywords: Authorities' intention, Budget planning and preparation, Central Asia, Company debt, CR, Current account, Debt, Developmental initiative, Dollar, General government balance, ISCR, Kazakhstan, Kazakhstan's economy, NFRK balance, Oil prices, Tax authorities, U.S. dollar

Publication Details

Pages:

51
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/339
Stock No:

1KAZEA0052004
ISBN:

9781451820928
ISSN:

1934-7685

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