Republic of Kazakhstan: Staff Report for the 2005 Article IV Consultation

Publication Date:

July 21, 2005

Electronic Access:

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Summary:

The staff report for the 2005 Article IV Consultation on the Republic of Kazakhstan highlights the economic outlook and fiscal policy. Inflation moderated to single-digit levels and confidence in the banking system strengthened, leading to rapid remonetization and significant dedollarization. The conduct of monetary policy has been complicated by the inflows of private capital, surging oil earnings, and buoyant demand conditions. Although Kazakhstan has made considerable progress in the structural area, the pace of reform implementation has slowed. Rapid growth has translated into lower poverty, but social indicators remain weak.

Series:

Country Report No. 2005/244

Subject:

English

Publication Date:

July 21, 2005

ISBN/ISSN:

9781451820973/1934-7685

Stock No:

1KAZEA2005003

Pages:

49

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