Kazakhstan: Asian Development Bank Member Fact Sheet 2018 Updated
Asian Development Bank | July 2019
Abstract
The Asian Development Bank (ADB) began supporting Kazakhstan in 1994, shortly after the country became independent. To date, the bank has approved over $5 billion in sovereign loans, nonsovereign loans, and guarantees in support of Kazakhstan’s development. It also contributes to Kazakhstan’s active participation in the Central Asia Regional Economic Cooperation (CAREC) Program.
Following the global financial crisis in 2007–2008, the Government of Kazakhstan requested access to concessional resources to support its programs. ADB provided a countercyclical loan of $500 million. In 2015, ADB disbursed another countercyclical loan of $1 billion to help Kazakhstan respond to a steep decline in oil prices and the economic slowdown in its major trading partners, including the Russian Federation, European Union member countries, and the People’s Republic of China. The loan has helped the government modernize infrastructure and foster job creation, deliver social services, support low-income households, and develop the private sector.
Citation
Asian Development Bank. 2019. Kazakhstan: Asian Development Bank Member Fact Sheet 2018 Updated. © Asian Development Bank. http://hdl.handle.net/11540/10813.Keywords
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Development Research
Green revolution
Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Rural planning
Regional development bank
Project finance
Strategic planning
Infrastructure projects
Government programs
Public finance
Public enterprises
Development
Economics
Development In East Asia
Development Planning
Development Research
Technology Development
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Development strategy
Development models
Economic development
New technology
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Absorptive capacity
Economic development projects
Economic forecasting
Economic development projects
Municipal government
Technology transfer
Exchanges of patents and technical information
Technical education
Technology
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Human rights and globalization
Transfer Technocracy
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