Republic of Kazakhstan

Republic of Kazakhstan

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2002-03-19

Total Pages: 68

ISBN-13: 1451820828

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This 2001 Article IV Consultation for Kazakhstan highlights that real GDP growth in 2001 is expected to be about 13 percent, driven by the strong growth in the petroleum sector and associated spillover effects. Inflation has declined further to 6.4 percent in December (year-over-year). Gross international reserves of the National Bank of Kazakhstan have risen to US$2.5 billion, which provides for about three months of import coverage. The general government surplus is projected to be about 3.3 percent of GDP in 2001, on account of higher oil revenue, but also reflecting economic buoyancy.


Republic of Kazakhstan: Technical Assistance Report-Risk-Based Supervision Pillar 2 Implementation

Republic of Kazakhstan: Technical Assistance Report-Risk-Based Supervision Pillar 2 Implementation

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-03

Total Pages: 31

ISBN-13:

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This virtual technical assistance (TA) mission supported the Agency in strengthening certain elements of its risk based supervisory framework. The mission focused on assisting the Agency with its development of internal supervisory methodologies for assessing a bank’s ICAAP, and for setting individual Pillar 2 supervisory capital requirements. The mission provided recommendations and targeted training. The priorities for the next TA missions were discussed with the Agency (strengthening banking supervision and cybersecurity, and diagnostic TA of insurance sector supervision will be considered). The mission benefited from simultaneous translation.