IMF Urges Kazakhstan To Strengthen Its Private Sector
He noted that Kazakhstan's public debt remains relatively low, while its reserves are estimated at $100–130 billion.
“The policy we recommend to countries in the region is to let the private sector take the lead, with the government acting as an enabler rather than a competitor. In the case of Kazakhstan, we believe private investment should become the main driver of economic growth, while the state gradually exits sectors where state-owned enterprises compete with private businesses,” Azour said.
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