The World Bank is presenting Kazakhstan with innovative financing instruments

The World Bank is presenting Kazakhstan with innovative financing instruments

The Deputy Prime Minister and Minister of National Economy of Kazakhstan, Nurlan Baibazarov, met with Anshula Kant, the Managing Director and Chief Financial Officer of the World Bank Group.

The interlocutors deliberated on Kazakhstan's strategic plans for economic development and investment attraction, exchanged views on mutual cooperation, and discussed the implementation of joint projects in the fields of transportation, energy, digital development, and social initiatives.

Nurlan Baibazarov highlighted the positive dynamics of mutually beneficial collaboration with the World Bank and expressed confidence that the Bank's partnership with Kazakhstan, aimed at supporting the ongoing reforms for achieving more inclusive and sustainable development, will persist.

For her part, Anshula Kant presented new financial instruments and guarantees that could be applicable to Kazakhstan, as well as to intercountry projects aligned with environmental agendas and aimed at promoting sustainable development throughout the region. 

She further underscored that the World Bank's engagement in Kazakhstan is set to broaden within the framework of the forthcoming Partnership Strategy for 2026-2030, which will delineate pivotal strategic priorities.