## Republic of Kazakhstan: Technical Assistance Report-Next steps and Considerations for the Digital Tenge

_Technical Assistance Reports, January 14, 2026_

## Source details

**Canonical URL:** [Republic of Kazakhstan: Technical Assistance Report-Next steps and Considerations for the Digital Tenge](https://www.imf.org/en/publications/technical-assistance-reports/issues/2026/01/14/republic-of-kazakhstan-technical-assistance-report-next-steps-and-considerations-for-the-573143)

## Other formats

- [Markdown version](/en/publications/technical-assistance-reports/issues/2026/01/14/republic-of-kazakhstan-technical-assistance-report-next-steps-and-considerations-for-the-573143/index.md)
- [Structured JSON version](/en/publications/technical-assistance-reports/issues/2026/01/14/republic-of-kazakhstan-technical-assistance-report-next-steps-and-considerations-for-the-573143/index.json)
- [Bundle manifest](/en/publications/technical-assistance-reports/issues/2026/01/14/republic-of-kazakhstan-technical-assistance-report-next-steps-and-considerations-for-the-573143/bundle-manifest.json)

## Bibliographic details
- Published: January 14, 2026
- Series: Technical Assistance Reports
- DOI: https://doi.org/10.5089/9798229035354.019

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### Mission scope and timeline
- An IMF mission visited both Astana and Almaty during May - June 2024.
- This mission was a second engagement with the National Bank of Kazakhstan (NBK) and National Payments Corporation of Kazakhstan (NPCK) following a virtual engagement during February - March 2024.
- The virtual phase focused on legal considerations.
- The in-person phase explored financial stability considerations from broader use cases, interoperability, and cyber resilience.
- Work was underpinned by considerations on institutional capacity, governance, and internal buy-in of the project.

### Key findings
- Gaining legal certainty for issuing the Digital Tenge remains a priority.
- Prioritization of use cases is needed to tailor evaluation frameworks so they better assess each use case’s contribution to the desired objectives.
- Prioritization of use cases needs to account for the practical technical capacity and cyber resilience of the Digital Tenge platform.
- As the NBK and NPCK test broader use cases, potential channels for financial stability implications were highlighted.
- There is a need for further work across stakeholders to test relevant safeguards.

### Policy recommendations and next steps
- Establish legal certainty for issuance of the Digital Tenge as a priority action.
- Prioritize specific use cases for the Digital Tenge and adapt evaluation frameworks to:
  - Assess contributions of each use case to stated objectives.
  - Reflect technical constraints and cyber resilience requirements of the platform.
- Strengthen cross-stakeholder collaboration to:
  - Identify and test safeguards against financial stability risks.
  - Evaluate interoperability considerations across systems and participants.
- Build institutional capacity, governance frameworks, and internal buy-in to support implementation and testing phases.

### Analytical emphasis
- Legal framework analysis: primary focus during the virtual engagement (February - March 2024).
- Financial stability, interoperability, and cyber resilience: primary focus during the in-person engagement (May - June 2024).
- Evaluation frameworks should be use-case specific and pragmatic given technical and cyber resilience realities.

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## Content in this bundle

- **IMF Technical Assistance Report – Kazakhstan**
  - [IMF Technical Assistance Report – Kazakhstan (Markdown version)](/-/media/files/publications/tar/2026/english/tarea2026002-source-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF Technical Assistance Report – Kazakhstan (PDF)](/-/media/files/publications/tar/2026/english/tarea2026002-source-pdf.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/technical-assistance-reports/issues/2026/01/14/republic-of-kazakhstan-technical-assistance-report-next-steps-and-considerations-for-the-573143_
