Kazakhstan, World Bank To Adopt New Partnership Strategy For 2025-2030
Date
8/30/2024 5:19:45 AM
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, August 30. Kazakhstan and
World bank will adopt a new partnership strategy for 2025-2030,
Trend reports.
The news followed a meeting between Kazakhstan's Deputy Prime
Minister, Minister of National Economy Nurlan Baibazarov with
representatives of the World Bank (WB) and the International
Finance Corporation (IFC, part of the World Bank group) in
Astana.
According to Deputy Prime Minister, the new partnership
framework strategy for 2025-2030 is currently undergoing approval
procedures. The strategy will define the key areas of the WB
activities in Kazakhstan such as supporting public sector reforms,
macroeconomic and fiscal sustainability, financial sector,
transformation of agriculture, digital development.
During the meeting, the parties discussed key areas of
cooperation, the implementation of previously financed investment
projects and the removal of barriers to improve the effectiveness
of World Bank Group programs in Kazakhstan.
Nurlan Baibazarov emphasized that currently between Kazakhstan
and the World Bank have established close ties involving a wide
range of economic issues.
Representatives of the World Bank noted their interest in
providing financing for the implementation of new projects of great
importance for the economic development of the country, including
in such areas as transport and logistics, infrastructure, energy,
utilities.
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