IMF top official to visit Kazakhstan
Deputy Managing Director at the International Monetary Fund (IMF) Bo Li will visit Kazakhstan, said Julie Kozack, Director of the Communications Department at the IMF, Trend reports.
"Deputy Managing Director Bo Li will be visiting Astana, Kazakhstan on Monday, September 16th to meet with the authorities, engage with various stakeholders, including students, to discuss economic prospects for the region," she reported at a briefing.
According to the IMF forecast, Kazakhstan’s real GDP growth is expected to be 3.5 percent in 2024. For 2025, GDP growth is projected to stand at 4.6 percent.
Kazakhstan has been a member of the IMF since 1992. Over the years, the country has established several mutually beneficial agreements with the Fund. The IMF mission visits Kazakhstan annually for consultations.
According to the latest report from the International Monetary Fund, the global economy will remain strong, growing at 3.2% in 2024 and 2025, the same pace as in 2023, while Kazakhstan's GDP growth could reach 3.1% in 2024 and 5.6% in 2025.