Republic of Kazakhstan: Selected Issues and Statistical Appendix

March 19, 2002

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Republic of Kazakhstan: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2002) accessed November 25, 2024

Summary

This Selected Issues paper presents a brief overview of developments and prospects for the petroleum sector of the Republic of Kazakhstan. The paper conducts a comprehensive assessment of fiscal vulnerability, fiscal sustainability, and fiscal stance in Kazakhstan, focusing on the government’s non-oil budget balance while taking into account some of the key characteristics of resource-rich countries. The paper states that the key issue is how much the government should consume and save out of oil revenues and how these decisions should change in response to changes in key aspects of fiscal vulnerability in Kazakhstan.

Subject: Commodities, Expenditure, External debt, Fiscal policy, Fiscal stance, Natural resources, Oil, Oil prices, Pension spending, Prices

Keywords: Asia and Pacific, Central Asia, Cost, CPC pipeline, CR, Fiscal stance, Gas condensate field, ISCR, Kazakhstan, Kazakhstan government, Middle East, North America, Northern Europe, Oil, Oil prices, Oil wealth, Pension spending, Petroleum production, Western Europe

Publication Details

Pages:

101
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/064
Stock No:

1KAZEA0022002
ISBN:

9781451820850
ISSN:

1934-7685

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