Information on Kazakhstan EconomyMultilateral organizations and rating agencies provide accurate and regular updates on the Kazakhstan economy. For easy reference their Kazakhstan country pages are listed here. Don't forget to bookmark this page to have it in your library.Multilateral OrganizationsMultilaterals remain an important information source on Kazakhstan. Although their prominence on economic development has somewhat decreased over the last years as a result of country’s greater reliance on its own financial resources their policy advice and recommendations continue to ring the bell with both the administration and foreign investors.
International Monetary Fund - Kazakhstan Country Page One of the best macroeconomic resources on Kazakhstan available to general public. IMF reports provide accurate, thorough and understandable description and analysis of country economy’s developments and prospects. Do not miss the last Article IV report on Kazakhstan. The Fund holds regular Article IV consultations with its members every year, and publishes the reports and Executive Board assessment after the completion of consultations. 
The World Bank Group in Kazakhstan The web site of the World Bank Group in Kazakhstan. Although informative, the site does not contain all reports and studies done by the Bank in Kazakhstan. To get a more comprehensive picture, go to the World Bank main website and type in the search field “Kazakhstan” and go through the results until you find what you need. The Bank does have a large economic library on Kazakhstan! 
The European Bank for Reconstruction and Development – Kazakhstan Kazakhstan is one of the largest EBRD’s clients in the region. That’s a good starting point for getting an initial business overview of the country. 
Asian Development Bank - Kazakhstan ADB has been expanding its lending program in Kazakhstan, and it is engaged in a number of important social and poverty reduction programs jointly with the Government of Kazakhstan. The country web page gives you another insightful look into the economy of Kazakhstan, with an Asian flavor, which sometimes can be different from the opinion of the Bretton Wood institutions. 
UNDP Office in Kazakhstan The web site of the United Nations Development Program in Kazakhstan. A very good place to start if you are interested in social and poverty issues that may affect the longevity of your business in Kazakhstan. UNDP analysis on poverty in Kazakhstan is well written and thoroughly researched, not last because the work is primarily done by the local economists and consultants. Every year UNDP publishes Kazakhstan Human Development Report that analyzes how and what economic development for the past year has contributed to human development and well being of general population. Not always the results of the study correspond to the official viewpoint. And this makes the report a good addition to your economic library on Kazakhstan. Rating AgenciesAs Kazakhstan economy develops and relies more and more on private sector and capital markets international rating agencies start playing a more important role. The agencies analyze and assign credit ratings to Kazakhstan itself and Kazakhstani borrowers. The country now is rated at the investment grade level by the Moody’s, and one notch below it by the Standard & Poor’s and the Fitch. Accordingly, the domestic entities are rated below the sovereign ceiling. In the absence of major macroeconomic shocks and adverse developments ratings the agencies usually review country and company ratings once in a year. The rating reports are available from the agencies for a fee.
Moody’s Investors Service You must register before you access the site. The basic registration is free. After doing it you just search the agency web site for information on Kazakhstan. 
Standard & Poor’s in Russia A special S&P site for Russia, Ukraine, Kazakhstan and other CIS countries. It is easy to navigate and locate the information you need. 
Fitch Rating Agency Do the “Search” on Kazakhstan or the company you wish to find the information on. Then go to the short summary, or order the full report. If you have questions you may contact the analysts who have written the report. Back to Business Guide Page Back to Home Page
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