Kazakhstan - Completion and Learning Review : IEG Review (Anglais)

This review of the World Bank Group’s (WBG) Completion and Learning Review (CLR) covers the period of the Country Partnership Strategy (CPS), FY12-FY17, and updated in the Performance and Learning Review (PLR) dated September 26, 2016. The Republic of...  Voir la suite This review of the World Bank Group’s (WBG) Completion and Learning Review (CLR) covers the period of the Country Partnership Strategy (CPS), FY12-FY17, and updated in the Performance and Learning Review (PLR) dated September 26, 2016. The Republic of Kazakhstan is a land-locked upper middle-income country with a nominal GNI per capita of $7960 in 2017. The country depends on oil, with production and exports of hydrocarbon accounting for 21 percent of GDP and 62 percent of exports in 2017. Average annual GDP growth declined from 6.5 percent during 2006-2011 to 3.6 percent during the CPS period (2012-17), primarily due to deteriorating oil prices after 2013. The fall in oil prices reduced the growth of non-oil activities and the associated gains in wages and employment. Per capita GDP grew at 2.1 percent during the CPS period and contributed to reduce the poverty headcount ratio at national poverty line from 5.5 to 2.5 percent of the population between 2011 and 2017. Income distribution improved, with the Gini index falling from 0.28 in 2011 to 0.275 in 2017. The Human Development Index improved from 0.765 in 2010 to 0.800 in 2017. Kazakhstan key development challenges and goals set in the Strategy 2030 and Strategy 2050 include strengthening macro-economic management (including strengthening of non-oil sources of revenues), reducing the state presence in the economy, strengthening regional economics through infrastructure and agricultural value chains, ensuring equal access to high quality education, enhancing social protection, managing natural resources, policy regarding water resources and improving governance and public sector capacity.  Réduire