Kazakhstan attaches special importance to partnership with IMF – Deputy PM

Deputy Prime Minister-Minister of National Economy Nurlan Baibazarov held a meeting with the Head of the International Monetary Fund mission in Kazakhstan Nicolas Blancher, Kazinform News Agency learned from the press service of the Government.

photo: QAZINFORM

During its regular visit to Kazakhstan, the IMF mission had a number of meetings with the key governmental structures including the Parliament, the National Bank, the Ministry of National Economy, the Ministry of Finance and other interested parties.

At the meeting, the parties discussed the current economic situation, ongoing reforms and measures taken by the Government to ensure sustainable economic growth. The sides also reviewed the IMF’s recommendations on priority areas of economic policy and cooperation plans for the nearest and mid-term outlook.

Photo credit: gov.kz

Nurlan Baibazarov pointed out continuing economic growth and its acceleration to 3.7% in the past 8 months of 2024. He also spoke on the work of the Government to improve fiscal policy efficiency, to improve budget legislation, to raise investment attractivity and to develop entrepreneurship.

He stressed that Kazakhstan attached special importance to the partnership with the IMF and highly appreciated its contribution to the country’s economic development.

In turn, Nicolas Blancher stressed the importance of continuing the structural reforms in economy to ensure stable 6% growth, which, he believes, is quite an achievable indicator. The guest aldo expressed the IMF’s readiness to provide further support to Kazakhstan.

Photo credit: gov.kz