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Kazakhstan and ADB

ADB operations in Kazakhstan aim to help lessen the country’s dependence on commodity exports, reduce inequalities, and address vulnerabilities associated with climate change.

In the Spotlight

News Release

ADB President, Kazakhstan Minister of National Economy Discuss Support for COVID-19 Response

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

Video

Kazakhstan and ADB Celebrate 25 Years of Partnership

ADB and Kazakhstan work together to help the country’s economy become more diversified, inclusive and sustainable.

Video

Women Entrepreneurs Get Training and Access to Credit in Kazakhstan

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.

Video

Building a Diversified and Sustainable Economy in Kazakhstan

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.

Economic Forecast

Expansionary fiscal policy helped lift growth in 2019 with strong consumption and investment. Price controls and tight monetary policy trimmed inflation. Growth is projected to plummet in 2020 because of COVID-19 and lower oil export earnings before rebounding in 2021 from a low base with stronger oil production and expansionary fiscal policy. Administrative and monetary measures should help contain inflation, but a smaller trade surplus will widen the current account deficit. Social assistance needs to be made more sustainable.


Poverty in Kazakhstan

Development indicators for Kazakhstan, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.


Results of ADB-Supported Operations, 2010-2018

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.


Projects Cofinanced, 2014-2018

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. Additional funds are provided in the form of official loans and grants, technical assistance, other concessional financing, and commercial cofinancing such as B loans, risk transfer arrangements, parallel loans and equity, guarantee cofinancing, and cofinancing for transactions under ADB’s Trade Finance Program.


Project Performance, 2000-2018

ADB Projects in Kazakhstan

Project Results

News

03 Apr 2020 | News from Country Offices

Kazakhstan's Economic Growth to Remain Positive Despite COVID-19 — ADB

Despite the COVID-19 outbreak, in 2020 Kazakhstan’s economic growth is forecast to remain positive thanks to government support measures and is expected to rebound in 2021, reflecting stronger oil revenues and an expansionary fiscal...

25 Mar 2020 | News Release

ADB President, Kazakhstan Minister of National Economy Discuss Support for COVID-19 Response

ADB President Masatsugu Asakawa and Kazakhstan’s Minister of National Economy Ruslan Dalenov today discussed how ADB can support Kazakhstan in its fight against the COVID-19 pandemic.

20 Dec 2019 | News from Country Offices

ADB Deal with RG Brands to Support Women-Run Businesses in Kazakhstan, Kyrgyz Republic

ADB and RG Brands, a leading food and beverage group in Kazakhstan, signed a $20 million loan to modernize operations along the company’s regional distribution chain. The assistance will improve the livelihoods of shopkeepers...

15 Nov 2019 | News Release

ADB President Visits Kazakhstan to Mark 25 Years of Partnership, Reaffirms Strong Support for Development Agenda

ADB President Mr. Takehiko Nakao met with the President of Kazakhstan Mr. Kassym-Jomart Tokayev today and pledged ADB’s continued support. Mr. Nakao also met with Prime Minister Mr. Askar Mamin, Minister of National Economy...

Contact

25 Mar 2020 Update

Given the ongoing COVID-19 situation, KARM staff are temporarily working from home.

Kazakhstan Resident Mission (KARM) - Asian Development Bank (ADB)

Nur-Sultan Office, 12 Samal Microdistrict, Astana Tower Business Center, 20th Floor Nur-Sultan 010000, Kazakhstan

  Office Hours: 8:30 am to 5:30 p.m. (Monday to Friday)

  Mobile +7 775 341 51 50
  Tel +7 717 2709707 / Local: 5506
  Fax +7 717 2328343
  E-mail
  adbkarm
  How to visit us

25 Mar 2020 Update

Given the ongoing COVID-19 situation, KARM staff are temporarily working from home.

Kazakhstan Resident Mission (KARM) - Asian Development Bank (ADB)

Almaty Office, 20A Kazybek Bi Street, 2nd Floor, Arai Building, 050010 Almaty, Kazakhstan

  Office Hours: 8:30 am to 5:30 p.m. (Monday to Friday)

  Tel +7 727 3123100 / 3123101 / 3123102
  Fax +7 727 3123110
  E-mail
  adbkarm