European Parliament Library

Republic of Kazakhstan :, 2007 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

The 2007 Article IV Consultation on the Republic of Kazakhstan focuses on the appropriate policy response to mounting banking sector risks and continuing inflation pressures. Banking sector risks are mounting and inflation remains relatively high. The authorities intend to continue raising policy interest rates gradually. The Financial Supervision Agency’s (FSA) powers have been enhanced and a sizable increase in its resources is expected shortly. Monetary tightening and exchange rate appreciation are needed to contain risks and dampen inflation
Table Of Contents
Cover; Contents; Executive Summary; I. Background; A. Overview; B. Recent Developments; II. Policy Discussions; A. Outlook; B. Monetary and Exchange Rate Policies; C. Banking Sector Policies; D. Fiscal Policy; E. Structural Reforms and Other Issues; III. Staff Appraisal; Text Boxes; 1. Monetization in Kazakhstan; 2. Kazakhstan's Real Exchange Rate; 3. Kazakhstan's Credit Boom-Lessons from International Experience; Figure; 1. External Debt Sustainability: Bound Tests; Tables; 1. Selected Economic Indicators, 2003-12; 2. Balance of Payments, 2003-12
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (46 p.)
Specific Material Designation
Form Of Item

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