Events

Issues of enhancement of the cooperation between the Republic of Kazakhstan and the World Bank Group, in particular, in the context of new Partnership Framework Agreement, signed in May 2014, were discussed at the meeting.

Also, the parties discussed various economic challenges facing Kazakhstan and the world community.

Nursultan Nazarbayev noted that the World Bank was Kazakhstan’s strategic partner, with which our country had been collaborating since the beginning of its independence.

- According to an assessment of your Bank, share of the population of Kazakhstan, whose subsistence minimum used to be 35 per cent, now stands at less than 3 per cent. We think we made great progress, - Nursultan Nazarbayev said.

In turn, S.Indrawati stressed the progress reached by Kazakhstan in regional and global integration and expressed hope our country would play a key role in regional resolution of the issues concerning the usage of water and energy resources.

Kazakhstan joined the World Bank Group in 1992. Since that time the World Bank has become the biggest partner of our country on developmental issues, having loaned in total $6,8 billion for the realisation of 41 projects.