Republic of Kazakhstan : 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

August 18, 2008

Electronic Access:

Free Full Text (PDF file size is 1194 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The Republic of Kazakhstan’s 2008 Article IV Consultation shows that banks have lost access to new external financing, credit extension has stalled, and growth has slowed. Nevertheless, Kazakhstan has considerable public financial resources to help it weather the current situation and the country is benefiting from high oil and commodity prices. A realistic assessment of the health of banks needs to be made and steps taken to mitigate risks, including by bolstering capital bases, strengthening bank supervision, and further developing the financial safety net framework.

Series:

Country Report No. 08/288

Subject:

Notes:

Available also in Russian

English

Publication Date:

August 18, 2008

ISBN/ISSN:

9781451821017/1934-7685

Stock No:

1KAZEA2008002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

49

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