Parliament • 11 February, 2020

D.Nazarbayeva discusses cooperation between Kazakhstan and the World Bank

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The Chairman of the Senate Dariga Nazarbayeva received World Bank regional director for Central Asia the Lilia Burunciuc. The event was attended by members of the Senate and the Permanent Representative of the World Bank in Kazakhstan, Jean-François Marteau.

During the meeting, promising areas of cooperation between Kazakhstan and the World Bank were discussed.

"We are now paying great attention to economic issues. Today, the Senate is concerned about how to accelerate the growth of our economy, raise people's incomes and ensure an increase in the revenue part of the state budget of the country," D. Nazarbayeva said.

In turn, Lilia Burunciuc expressed readiness to work together and noted that the World Bank pays great attention to projects on the analysis and monitoring of administration, increasing the revenue side of the budget and rational use of funds.

The World Bank's Regional Director for Central Asia suggested conducting a study on the results of tax reform in Kazakhstan, including the effectiveness of tax incentives. She also spoke about the possibilities of monitoring programs in the field of agriculture, transit potential and the green economy by the World Bank.

Following the meeting, the parties agreed to continue consultations on the methodology for long-term forecasting of economic processes, analysis of current statistics and research programs.

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