ASTANA, Kazakhstan, August 8. Kazakhstan, the
World Financial institution, and the Worldwide Finance Company (IFC) have
mentioned key priorities for additional cooperation, Development
studies, citing the press service of the Ministry of International
Affairs of Kazakhstan.
Discussions occurred throughout a gathering between First Deputy
International Minister Akan Rakhmetullin and Andrei Mikhnev, World Financial institution
Nation Supervisor for Kazakhstan and Turkmenistan, and Zafar
Khashimov, IFC Nation Supervisor for Kazakhstan and Kyrgyzstan.
Rakhmetullin famous that the WB and the IFC are essential
companions for Kazakhstan.
“Due to their assist, numerous joint initiatives are being
efficiently applied within the nation, which have a constructive
influence on socio-economic growth. Within the present circumstances,
these initiatives play an essential position in supporting the brand new
financial course of Kazakhstan,” he mentioned.
The events confirmed their dedication to implementing ongoing
initiatives in the private and non-private sectors and in addition famous the
significance of strengthening bilateral cooperation and attracting
investments to attain nationwide targets and guarantee financial
progress.
Mikhnev identified that the World Financial institution’s involvement in
Kazakhstan will increase as a part of the upcoming Partnership Technique
for 2026–2030, which is able to determine key strategic priorities. This
12 months, the World Financial institution authorized funding for 2 initiatives geared toward
making certain equitable entry to high quality web in distant rural areas
and supporting coverage reforms for sustainable and equitable
progress.
In flip, Khashimov famous that the mission of the IFC, as certainly one of
the most important growth establishments targeted on the non-public sector,
is to create new markets and alternatives in Kazakhstan. Since
1993, IFC has allotted greater than $2.5 billion to finance varied
sectors of the Kazakhstan financial system.