Republic of Kazakhstan: Staff Report for the 2004 Article IV Consultation

International Monetary Fund

No 2004/339, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2004 Article IV Consultation highlights that Kazakhstan’s economy continues to expand rapidly, with average real growth of more than 10 percent over the past three years, and an estimated 9.1 percent in the first quarter of 2004. Economic growth has been driven by increasing oil production, supported by high oil prices and rising foreign investments. Structural reforms are well advanced compared with other countries in the region, but the implementation of the reform agenda has slowed somewhat since 2000.

Keywords: ISCR; CR; Kazakhstan; debt; dollar; General government balance; U.S. dollar; tax authorities; developmental initiative; Kazakhstan's economy; authorities' intention; NFRK balance; company debt; Current account; Oil prices; Budget planning and preparation; Central Asia (search for similar items in EconPapers)
Pages: 51
Date: 2004-10-28
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Citations: View citations in EconPapers (7)

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