World Bank predicts strengthening of Kazakhstan’s regional leadership role

The World Bank expects Kazakhstan to further strengthen its leading position in the region.

This was stated by Tatiana Proskuryakova, the financial institution’s Regional Director for Central Asia, at a meeting with Prime Minister Alikhan Smailov, the Report reported with reference to TASS.

According to the press service of the Kazakh government, Proskuryakova said that the World Bank intensified the preparation of new projects in the country, which was facilitated by negotiations held in August 2023. This concerns, among other things, the cabinet’s programme to connect remote communities to the internet.

“I think this will be a very good example for all Central Asian countries. I think Kazakhstan’s role as a regional leader will be strengthened,” Proskuryakova said.

Smailov noted that during more than 30 years of cooperation with the World Bank, 48 joint projects worth more than $8 billion have been successfully implemented, and six projects are actively underway. “The Government of Kazakhstan is ready to further deepen cooperation with the World Bank,” he said.

Report News Agency

Related posts

Kazakhstan, Azerbaijan, China to Establish Intermodal Cargo Terminal in Port of Baku

Kazakhstan Boosts Trade and Investment at Shanghai Expo

Trade Between Kazakhstan and China Reaches $33 Billion in 2024