Government • 13 November, 2018

New areas for partnership with World Bank discussed in Ukimet Uyi

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November 13 in Ukimet Uyi, Prime Minister Bakytzhan Sagintayev met with representatives of the World Bank, led by Vice President for Europe and Central Asia Cyril Muller, the press centre of Prime-Minister reports. 

At the meeting, issues of implementation of the Joint Economic Research Program and promising areas of cooperation were discussed, including in the framework of the upcoming Framework Strategy of the World Bank's partnership with Kazakhstan for 2019-2023.

Among the priority sectors of cooperation, such areas as tourism, agriculture, industrialization, transport and logistics, and the development of regional infrastructure were considered.

The meeting participants also discussed the implementation of joint projects under the Joint Economic Research Program. Among them are projects on the modernization of urban infrastructure, the transition to renewable energy, support for the national program to improve communications, reform of the financial sector, the development of small and medium-sized businesses, the revival of the Aral Sea and others.

The program of joint economic research has been implemented since 2002 and is one of the tools for the analysis and transfer of expertise in the field of strategic planning and best practices. In 2012, the World Bank's Board of Directors approved the Country Partnership Strategy for 2012–2017 between Kazakhstan and the World Bank. The program included 28 results, most of which have been achieved in full or in part.

In 2017, the World Bank conducted a systematic country diagnostics of Kazakhstan aimed at analyzing the achieved results of the partnership and identifying priority areas for further cooperation and presented a vision of the priority areas of cooperation for the next five years, which were formulated taking into account the Development Strategy of Kazakhstan until 2025. Following the diagnostics and discussions, a new Country Partnership Strategy for 2019–2023 is being developed.

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