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The economy is likely to contract by 1.3 per cent in 2009. Only a mild recovery is foreseen in 2010, as the effects of the government’s substantial stabilisation package – of about 11 per cent of GDP – begin to stimulate the economy.
Medium-term prospects for Kazakhstan remain good. The large Kashagan oilfield is expected to start production in 2013 and there is also potential for expanding uranium, copper and grain production.
More developments and challenges
|
No. of projects |
129 |
|---|---|
|
Net business volume |
€2,837.0 million |
|
Total project value |
€9,199.6 million |
|
Gross disbursements |
€2,078.3 million |
|
Portfolio in private sector |
65% |

EBRD will assist Kazakhstan promote economic diversification and move towards a more sustainable model of financial development.
In developing the financial sector, the EBRD will work with Kazak authorities and other IFIs to help formulate a sustainable financial model. It will also work towards transforming the infrastructure sectors - pivotal to further economic diversification and longer-term sustainable growth.
Almaty office
41 Kazybek bi Street
Entrance 3, 3rd Floor
480100 Almaty
Kazakhstan
Tel: +7 7272 581 421-76
Fax: +7 7272 581 422

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