Asian Development Bank and Kazakhstan: Fact Sheet
Updated yearly, this ADB Fact Sheet provides social and economic indicators on Kazakhstan as well as concise information on ADB's operations in the country and contact information.
The Asian Development Bank (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.