Kazakhstan and ADB
In the Spotlight
ADB is providing a $122 million loan to improve financial access of businesses in Kazakhstan, particularly those outside big cities and women entrepreneurs.
The growth outlook for developing Asia and the Pacific remains steady, even though momentum slowed in the second half of 2014, but the declining oil prices represent a golden opportunity for many beneficial reforms, ADB says in a new report.
The Key Indicators for Asia and the Pacific 2014 presents the latest available economic, financial, social, and environmental statistics for the 48 regional members of ADB. Download the statistical tables for Kazakhstan.
Case studies of the People’s Republic of China, India, Indonesia, and Kazakhstan identify a range of policies and initiatives that can strengthen innovation-led growth and help them transition from a middle-income to a high-income economy.
ADB began its partnership with Kazakhstan shortly after the country became independent in 1991. To help the country’s transition from a centrally planned to a market-driven economy, ADB provided much-needed support in agriculture, education, finance, and delivery of social services.
In recent years, ADB operations in Kazakhstan have focused on transport, small and medium-sized enterprise sector development, knowledge support, and private sector development. Regional cooperation under the Central Asia Regional Economic Cooperation Program is an integral aspect of ADB operations in the country.
In May 2014, the Government of Kazakhstan hosted ADB’s Annual Meeting for the first time.
17.05(2013) Population in millions
1.6%(2008-2013) Average annual population growth rate
3.8%(2012) Population living below the national poverty line