Kazakhstan and ADB

In the Spotlight


ADB began supporting the Government of Kazakhstan shortly after the country became independent in 1991. To help the country’s transition from a centrally planned economy to one driven by market forces, ADB provided much-needed assistance in agriculture, education, finance, and the delivery of social services. Kazakhstan’s requirements for external financing had gradually diminished, before the global financial crisis of 2007-2008 prompted the need to again access external concessional resources. ADB responded with a countercyclical loan of $500 million.

At the 47th ADB Annual Meeting of the Board of Governors in the capital Astana in May 2014, the Government of Kazakhstan and ADB signed a groundbreaking cofinancing framework arrangement that sets a new paradigm for partnership on the country’s development agenda. Meanwhile, regional cooperation under the Central Asia Regional Economic Cooperation (CAREC) Program remains an integral aspect of ADB operations in Kazakhstan.

Fact Sheet

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Projects in Kazakhstan

17.29(2014) Population in millions

1.4%(2009-2014) Average annual population growth rate

2.9%(2013) Population living below the national poverty line

Download 2015 Basic Statistics