Republic of Kazakhstan: Selected Issues
IMF Staff Country Reports, September 19, 2013
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- Republic of Kazakhstan: Selected Issues
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Bibliographic details
- Published: September 19, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484352748.002
Assessment of leveraging oil wealth for development
- The paper presents an assessment of leveraging oil wealth for development in Kazakhstan.
- By saving most of the tax revenues collected from the oil sector in an off-budget oil fund Kazakhstan has been relatively successful in ensuring that government revenue volatility does not translate into spending volatility.
Quasifiscal sector and public enterprises
- The quasifiscal sector, that includes public enterprises in the oil and gas industry, is systemic in Kazakhstan.
- During the crisis the quasifiscal sector played an important role in the government’s stimulus program.
- The quasifiscal sector is currently actively involved in the country’s long- term development strategy.
Subjects and keywords (as listed)
- Subject: Commodities, Economic sectors, Expenditure, Oil, Oil prices, Oil sector, Prices, Public investment and public-private partnerships (PPP), Public investment spending
- Keywords: CR, exchange rate, Global, holding company, investment, investment efficiency, ISCR, Oil, oil fund, oil price scenario, Oil prices, Oil sector, oil wealth benefit, Public investment and public-private partnerships (PPP), Public investment spending, scaling-up path
Content in this bundle
- Republic of Kazakhstan: Selected Issues--Staff Report; IMF Country Report 13/291; July 18, 2013