World Bank Presents New Financial Instruments And Guarantees To Kazakhstan


(MENAFN- Trend News Agency) ASTANA, Kazakhstan, October 1. The World Bank presented new financial instruments and guarantees to Kazakhstan, Trend reports.

This was revealed during a meeting between Kazakhstan's Deputy Prime Minister, Minister of National Economy Nurlan Baibazarov, and the Managing Director and Chief Financial Officer of the World Bank Group, Anshula Kant.

During the meeting, the parties discussed Kazakhstan's strategic plans for economic development and investment attraction, exchanged views on mutual cooperation, and discussed the implementation of joint projects in the fields of transport, energy, and digital development, as well as the implementation of social projects.

The deputy prime minister noted the positive dynamics of mutually beneficial cooperation with the World Bank and expressed confidence that the Bank's partnership with the country will continue.

Anshula Kant emphasized that the World Bank's involvement in Kazakhstan will be expanded within the framework of the upcoming Partnership Strategy for 2026-2030, which will define key strategic priorities.

Meanwhile, Kazakhstan and the World Bank will adopt a new partnership strategy for 2025-2030.

According to the 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, the financial sector, the transformation of agriculture, and digital development.

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Trend News Agency

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