Economics

Mamin and Bjerde discussed Kazakhstan-WB cooperation

Photo of RK PM’s press service
Prime Minister Askar Mamin held a meeting with Vice President of the World Bank for Europe and Central Asia Anna Bjerde, Kazpravda.kz reports with reference to the RK PM’s press service.

The parties discussed the prospects for further cooperation between Kazakhstan and the World Bank in the projects in such areas as digital technologies, finance, infrastructure, energy, agriculture, ecology, human capital development, small and medium-sized businesses, as well as minimizing the pandemic impact on Kazakhstan economy.

Representatives of the World Bank praised the measures taken by Kazakhstan Government to combat COVID-19, support business and productive employment, which helped sustain the economy of Kazakhstan and bring it to the growth trajectory in 4 months of 2021. Stable and high growth rates in the real sector of the economy, in the share of manufacturing in the country's GDP, as well as recovery dynamics in the service sector were especially noted.

The negotiations resulted in the loan agreement signed on the program for sustainable development of livestock farming.

It provides for the allocation of 460 million euros by the International Bank for Reconstruction and Development to Kazakhstan to improve the system of veterinary services and animal registration, scaling of service rendering model focused on the farmer, as well as implementation of green growth policy for the beef sector. The project will be implemented throughout 2021-2025.



The meeting was attended by First Deputy Prime Minister Alikhan Smailov, ministers of industry and infrastructure development Beibut Atamkulov, finance - Erulan Zhamaubayev, national economy - Asset Irgaliev, agriculture - Saparkhan Omarov, digital development, innovation and aerospace industry - Bagdat Mussin.

Since 1992, the World Bank has funded over 55 state projects in Kazakhstan for the development of finance, infrastructure, energy, agribusiness, utilities, IT and other areas.

17:44, 14 May 2021
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