Kazakhstan : Recent Economic Developments.

This paper reviews economic developments in the Republic of Kazakhstan during 1993-97. During 1993-94, price liberalization was virtually completed, most of the restrictions on foreign trade were eliminated, and a new currency with a unified rate was introduced. At the same time, state orders were p...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Staff Country Reports; Country Report ; No. 1997/067
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in the Republic of Kazakhstan during 1993-97. During 1993-94, price liberalization was virtually completed, most of the restrictions on foreign trade were eliminated, and a new currency with a unified rate was introduced. At the same time, state orders were phased out and privatization initiated. Since early 1996, the authorities have accelerated privatization, extending it to many large enterprises. Kazakhstan has also taken major steps toward banking and financial sector reform, through withdrawal of bank licenses, bank consolidation, introduction and enforcement of prudential regulations, and enhanced supervision.
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Physical Description:1 online resource (127 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students