Republic of Kazakhstan: 2011 Article IV Consultation: Staff Report; Supplement; and Public Information Notice
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Kazakhstan’s economic recovery and unemployment rate and other issues are discussed in this paper. The banking and corporate sectors have not recovered from the crisis despite strong economic growth. Ownership and partial financing of the envisaged centralized distressed asset fund by the National Bank of Kazakhstan (NBK) poses risks to the integrity of monetary policy, and may create conflicts with its new supervisory powers. The importance of fully implementing the announced macroprudential measures and enhancing liquidity management practices to manage a possible increase in capital inflows are outlined.
Series:
Country Report No. 2011/150
Subject:
Banking Distressed assets External debt Financial institutions Financial sector policy and analysis Fiscal policy Fiscal stance Loans Public debt
English
Publication Date:
June 28, 2011
ISBN/ISSN:
9781455288625/1934-7685
Stock No:
1KAZEA2011001
Pages:
55
Please address any questions about this title to publications@imf.org