In the Spotlight
ADB President Masatsugu Asakawa and Kazakhstan’s Minister of National Economy Ruslan Dalenov discussed how ADB can support Kazakhstan in its fight against the COVID-19 pandemic. "ADB’s assistance can include budget support, health sector support, and technical assistance to help maintain social cohesion and retrain the labor force toward sectors likely to emerge in the post-COVID-19 economy", Mr. Asakawa said. Read more
ADB and Kazakhstan work together to help the country’s economy become more diversified, inclusive and sustainable.
In Kazakhstan, ADB is providing access to finance for micro-, small- and medium-sized enterprises (MSMEs) focusing on lending to women entrepreneurs, especially in the country's provinces. The project is funding local currency loans to help MSMEs maintain their operations, invest in productive technologies and grow their businesses.
ADB expects to provide $3 billion in assistance to Kazakhstan in 2017-2021 to support the country’s ambition to be a top 30 global economy by 2050.