European Parliament Library

Republic of Kazakhstan :, 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

The Republic of Kazakhstan’s 2008 Article IV Consultation shows that banks have lost access to new external financing, credit extension has stalled, and growth has slowed. Nevertheless, Kazakhstan has considerable public financial resources to help it weather the current situation and the country is benefiting from high oil and commodity prices. A realistic assessment of the health of banks needs to be made and steps taken to mitigate risks, including by bolstering capital bases, strengthening bank supervision, and further developing the financial safety net framework
Table Of Contents
Cover; Executive Summary; Contents; I. Recent Developments, Outlook, and Risks; Boxes; 1. Regional Linkages and Spillovers; II. Policy Issues and Views of the Authorities; A. Banking Sector Policies; B. Exchange Rate and Monetary Policy; C. Fiscal Policy and Other Issues; 2. Optimal Reserve Measures for Kazakhstan; 3. The Monetary Transmission Mechanism in Kazakhstan; III. Staff Appraisal; 4. Assessing the Real Exchange Rate (RER) in Kazakhstan; Figures; 1. Recent Financial Developments; 2. Recent Financial Developments (Cont'd.); 3. Real Sector Developments
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (51 p.)
Specific Material Designation
Form Of Item

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