IMF Staff Country Reports

Kazakhstan: Recent Economic Developments

September 23, 1998

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Kazakhstan: Recent Economic Developments, (USA: International Monetary Fund, 1998) accessed September 18, 2024

Summary

This paper reviews economic developments in the Republic of Kazakhstan during 1995–98. Following a cumulative decline of 31 percent during 1992–95, real GDP began to recover in 1996, and the resumption of growth seems to have been firmly established with growth rates of 2 percent being recorded in 1997 and in the first quarter of 1998. At the same time, inflation has fallen continuously since reaching a peak of more than 3,000 percent (annual rate) in mid-1994. By the end of 1997, the rate of price increase had fallen to about 11 percent.

Subject: Arrears, Budget planning and preparation, Economic sectors, Expenditure, External debt, Pension spending, Privatization, Public financial management (PFM)

Keywords: Against U.S. dollar, Arrears, Asia and Pacific, Baltics, Budget planning and preparation, CR, Enterprise, Enterprise arrears, Enterprise reform, Financial asset, GDP, Government, Government of the Republic of Kazakhstan, IMF UR Internet, ISCR, Management company, Oil enterprise restructuring, Pension reform in Kazakhstan, Pension spending, Privatization, Privatization proceeds, Privatization program, Privatization receipt, Privatized enterprise, Proceeds, Stage privatization program, State enterprise, Telecommunication company, Unit labor cost, Western Europe

Publication Details

  • Pages:

    122

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 1998/084

  • Stock No:

    1KAZEA0011998

  • ISBN:

    9781451820782

  • ISSN:

    1934-7685