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Kazakhstan

Kazakhstan is the EFSD founding state:

  • Kazakhstan’s contribution to the EFSD is US$1 billion;
  • Kazakhstan’s access limit in the EFSD is US$2043.12 million (24% of total assets of the Fund).

The authorized representative of Kazakhstan in the Council of the Fund is the Minister of Finance of the Republic of Kazakhstan — Bakhyt T. Sultanov.

The member of EFSD Expert Council from Kazakhstan is  Director of the Department for Public Lending, National Fund of the Republic of Kazakhstan, concessions, and public investment by quasi-public sector entities, Ministry of Finance of the Republic of Kazakhstan - Amangeldy S. Isenov.

Kazakhstan is a member of the Eurasian Economic Union since 1 January 2015.

The EDB carries out analytical work on the social and economic development of Kazakhstan.

Key Development Indicators of Kazakhstan

Indicator 2011 2012 2013 2014 Source
Real GDP Growth (%) 7,5 5,0 6,0 4,3 Stat. Agency
Nominal GDP (US$ million, in current prices) 187832 203268 231459 211762 Stat. Agency
GDP per capita (US$, in current prices) 11 358 12 121 13 612 12 277 Stat. Agency
Poverty rate (%, national estimate) 5,3 3,8 2,9 2,8 Stat. Agency
Inflation (CPI, average) 8,3 5,1 5,8 6,7 Stat. Agency
Nominal interest rate on 3-month credits to the economy in national currency (end of period %) 12,1 9,7 9,7 10,7 NB
Balance of consolidated state budget (% GDP) -2,1 -3,0 -2,1 -2,9 MF
Trade Balance (% GDP) 20,3 14,9 12,0 13,8 NB
Current Account Balance (% GDP) 5,4 0,5 0,4 2,2 NB
Gross International Reserves (months of imports, end of period) 6,9 5,5 4,7 6,2 IMF
External Public Debt/GDP (%) 2,6 2,6 2,3 3,4 NB
Gross External Debt/GDP (%) 66,7 67,4 64,8 74,2 NB
Public External Debt Service/ Exports of Goods and non-factor Services (%) 5,3 5,6 6,2 N/A NB
Human Development Index (rank out of 187 countries) 68 69 70 N/A UNDP
Global Competitveness Index (rank out of the amount of observed countries) 51 51 50 50 WEF
Exchange rate of the National Currency against U.S. dollar (period average, tenge/dollar) 146,6 149,1 152,1 179,19 NB
Exchange rate of the National Currency against Euro (period average, tenge/euro) 204,1 191,7 202,1 238,1 NB
Exchange rate of the National Currency against Russian Rouble (period average, tenge/rouble) 5,0 4,8 4,8 4,8 NB

Contacts

Ministry of Finance of the Republic of Kazakhstan
National Bank of the Republic of Kazakhstan

Head Office of the EDB, and of the EFSD Resources Manager:
220 Dostyk ave., Almaty, 050051
Republic of Kazakhstan

Tel: +7 (727) 244 40 44
Fax: +7 (727) 244 65 70
e-mail: info@eabr.org

Representative Office of the EDB in Astana:
33 Konaeva Str., Business CentreM
“Astanalyk”, 11th floor, Astana, 010000
Republic of Kazakhstan

Tel.:
+7 (7172) 55 84 84
+7 (7172) 50 20 05




Member States

  • The Republic of Armenia

    Republic
    of Armenia

  • The Republic of Belarus

    Republic
    of Belarus

  • The Republic of Kazakhstan

    Republic
    of Kazakhstan

  • Kyrgyz Republic

    Kyrgyz
    Republic

  • Russian Federation

    Russian
    Federation

  • The Republic of Tajikistan

    Republic
    of Tajikistan