01.10.2024, 15:32 76586

Plans for cooperation between Kazakhstan and IMF discussed by Government

Plans for cooperation between Kazakhstan and IMF discussed by Government
Images | primeminister.kz
Deputy Prime Minister - Minister of National Economy Nurlan Baibazarov held a meeting with the head of the International Monetary Fund mission in Kazakhstan Nicolas Blanchet, primeminister.kz reports.

Within the framework of the regular visit to the Republic, the IMF mission held a number of meetings with key government bodies, including the Parliament, the National Bank, the Ministry of National Economy, the Ministry of Finance and other stakeholders.

At the meeting, the parties discussed the current economic situation, ongoing reforms and measures taken by the Government to ensure sustainable economic growth. The sides discussed the Fund's recommendations on the priority directions of the economic policy development and the cooperation plans for the near and medium term.

Deputy Prime Minister noted the continuing economic growth and its acceleration up to 3.7% following the results of 8 months of the current year. Deputy Prime Minister also spoke about the work of the Government on increasing the effectiveness of budgetary policy, improvement of tax legislation, strengthening of investment attractiveness and development of entrepreneurship.

Nurlan Baibazarov emphasised that Kazakhstan attaches great importance to the partnership with the International Monetary Fund and appreciates its contribution to the development of the country's economy.

For his part, Nicolas Blanchet noted the need to continue structural reforms in the economy to reach a sustainable growth rate of 6%, which, in his opinion, is an achievable indicator. He also expressed the willingness of the Fund to continue to provide Kazakhstan with the necessary support.
 

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