Publication:
Debt Management Performance Assessment : Kazakhstan

dc.contributor.authorWorld Bank
dc.date.accessioned2013-03-26T18:43:26Z
dc.date.available2013-03-26T18:43:26Z
dc.date.issued2011-05
dc.description.abstractA World Bank mission visited Kazakhstan from July 15-23, 2010, to undertake a comprehensive assessment of debt management operations using the Debt Management Performance Assessment tool (DeMPA). The DeMPA report provides an overview of strengths and weaknesses in government debt management in Kazakhstan, as evaluated at end-July, 2010. The scores demonstrate that areas of strength clearly outnumber areas where policies and practices fall short of minimum standards for effective debt management. Areas of strength include the legal framework, governance, and operational risk management, coordination with fiscal and monetary policies, as well as debt recording and reporting. Such strengths are impressive, taking into account the relatively low debt level and modest recourse to both domestic and external borrowing. However, many areas displaying relatively low scores would benefit from attention and reform. This need is most pressing in the context of developing a medium-term debt management strategy, which would involve outlining the preferred composition of debt based on cost-risk analyses, and would provide guidance not only for the government s borrowing but also for market development.en
dc.identifierhttp://documents.worldbank.org/curated/en/2011/05/16357408/kazakhstan-debt-management-performance-assessment-dempa
dc.identifier.doi10.1596/12945
dc.identifier.urihttps://hdl.handle.net/10986/12945
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNT RISK
dc.subjectACCOUNTING
dc.subjectANNUAL BORROWING PLAN
dc.subjectANNUAL BORROWING PLANS
dc.subjectAUCTION
dc.subjectAUCTIONS
dc.subjectBANK ACCOUNT
dc.subjectBANK ACCOUNTS
dc.subjectBANK DEBT
dc.subjectBANK FINANCING
dc.subjectBANK GUARANTEE
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBID
dc.subjectBORROWING PLAN
dc.subjectBORROWING PLANS
dc.subjectBROKERAGE
dc.subjectBROKERAGE FIRMS
dc.subjectBROKERS
dc.subjectBUDGET DEFICIT
dc.subjectBUDGET SURPLUSES
dc.subjectBUDGETING
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET DEVELOPMENT
dc.subjectCAPITAL MARKETS
dc.subjectCASH BALANCE
dc.subjectCASH BALANCES
dc.subjectCASH FLOW
dc.subjectCASH FLOWS
dc.subjectCASH MANAGEMENT
dc.subjectCENTRAL BANK
dc.subjectCENTRAL GOVERNMENT DEBT
dc.subjectCENTRAL SECURITIES DEPOSITORY
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITY PRICES
dc.subjectCOMPOSITION OF DEBT
dc.subjectCONTINGENT LIABILITIES
dc.subjectCONTRACTUAL OBLIGATIONS
dc.subjectCOUPON
dc.subjectCOUPON DATES
dc.subjectCREDIT RISK
dc.subjectCREDIT RISKS
dc.subjectCREDITOR
dc.subjectCREDITORS
dc.subjectCREDITS
dc.subjectCURRENCY COMPOSITION
dc.subjectDATA STORAGE
dc.subjectDEBT
dc.subjectDEBT DATA
dc.subjectDEBT DATABASE
dc.subjectDEBT FLOWS
dc.subjectDEBT ISSUANCE
dc.subjectDEBT LEVEL
dc.subjectDEBT LEVELS
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT MANAGEMENT ACTIVITIES
dc.subjectDEBT MANAGEMENT ENTITY
dc.subjectDEBT MANAGEMENT OPERATIONS
dc.subjectDEBT MANAGEMENT STRATEGY
dc.subjectDEBT PORTFOLIO
dc.subjectDEBT RATIOS
dc.subjectDEBT RECORDING
dc.subjectDEBT REPAYMENT
dc.subjectDEBT REPORTING
dc.subjectDEBT SECURITIES
dc.subjectDEBT SERVICE
dc.subjectDEBT SERVICE PAYMENTS
dc.subjectDEBT STOCKS
dc.subjectDEBT SUSTAINABILITY
dc.subjectDEBT SUSTAINABILITY ANALYSIS
dc.subjectDEBT TRANSACTIONS
dc.subjectDEBT-SERVICE
dc.subjectDEBTOR
dc.subjectDEBTOR REPORTING SYSTEM
dc.subjectDERIVATIVES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDISASTER RECOVERY
dc.subjectDISBURSEMENT
dc.subjectDISBURSEMENTS
dc.subjectDIVERSIFICATION
dc.subjectDIVERSIFICATION OF INSTRUMENTS
dc.subjectDOMESTIC BORROWING
dc.subjectDOMESTIC CURRENCY
dc.subjectDOMESTIC DEBT
dc.subjectDOMESTIC DEBT MARKET
dc.subjectDOMESTIC MARKET
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC POLICY
dc.subjectELECTRONIC AUCTIONS
dc.subjectELECTRONIC PAYMENT
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXISTING DEBT
dc.subjectEXPENDITURES
dc.subjectEXPORT EARNINGS
dc.subjectEXTERNAL BORROWING
dc.subjectEXTERNAL BORROWINGS
dc.subjectEXTERNAL DEBT
dc.subjectEXTERNAL FINANCING
dc.subjectEXTERNAL FUNDING
dc.subjectFINANCIAL ACCOUNTS
dc.subjectFINANCIAL ANALYSIS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARY
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCING NEEDS
dc.subjectFISCAL POLICY
dc.subjectFIXED INTEREST
dc.subjectFIXED INTEREST RATE
dc.subjectFIXED RATE
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN MARKETS
dc.subjectFORMAL BORROWING
dc.subjectGOVERNMENT BANK
dc.subjectGOVERNMENT BORROWING
dc.subjectGOVERNMENT BORROWINGS
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT GUARANTEE
dc.subjectGOVERNMENT GUARANTEES
dc.subjectGOVERNMENT REVENUES
dc.subjectGOVERNMENT SECURITIES
dc.subjectGUARANTIES
dc.subjectHUMAN RESOURCE
dc.subjectINDEBTEDNESS
dc.subjectINDEXED BONDS
dc.subjectINDIVIDUAL LOAN
dc.subjectINDIVIDUAL SECURITIES
dc.subjectINFLATION
dc.subjectINFORMATION SHARING
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATES
dc.subjectINTERNAL AUDIT
dc.subjectINTERNATIONAL BOND
dc.subjectINTERNATIONAL BOND MARKETS
dc.subjectINVESTMENT PLANS
dc.subjectINVESTMENT POLICY
dc.subjectINVESTMENT PURPOSES
dc.subjectISLAMIC BONDS
dc.subjectISSUANCE
dc.subjectISSUANCE OF GOVERNMENT SECURITIES
dc.subjectISSUANCE OF GUARANTEES
dc.subjectLACK OF INFORMATION
dc.subjectLEGAL FRAMEWORK
dc.subjectLENDER
dc.subjectLIMITED ACCESS
dc.subjectLIQUIDITY
dc.subjectLOAN
dc.subjectLOAN CONTRACT
dc.subjectLOAN GUARANTEES
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectLONG-TERM DEBT
dc.subjectLOW DEBT
dc.subjectMACROECONOMIC POLICIES
dc.subjectMARKET ACCESS
dc.subjectMARKET BORROWING
dc.subjectMARKET CONDITIONS
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET RISKS
dc.subjectMARKET TURNOVER
dc.subjectMATURITIES
dc.subjectMATURITY
dc.subjectMATURITY PERIOD
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectNATIONAL BANK
dc.subjectNON-PERFORMING LOANS
dc.subjectOIL PRICES
dc.subjectOUTSTANDING DEBT
dc.subjectOUTSTANDING DEBT SECURITIES
dc.subjectOVERDRAFT
dc.subjectOVERDRAFT FACILITY
dc.subjectOVERDRAFTS
dc.subjectPAYMENT ORDERS
dc.subjectPENSION
dc.subjectPENSION FUND
dc.subjectPENSION FUNDS
dc.subjectPENSION SYSTEM
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO CHOICE
dc.subjectPRIMARY MARKET
dc.subjectPRINCIPAL PAYMENTS
dc.subjectPROVISIONING RULES
dc.subjectPUBLIC BORROWING
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC DEBT MANAGEMENT
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SECTOR DEBT
dc.subjectRECEIPTS
dc.subjectRECESSION
dc.subjectREGISTRY SYSTEM
dc.subjectRISK MANAGEMENT
dc.subjectSAVINGS
dc.subjectSECONDARY MARKET
dc.subjectSECURITIES
dc.subjectSHAREHOLDERS
dc.subjectSOURCE OF FUNDS
dc.subjectSOVEREIGN DEBT
dc.subjectSOVEREIGN ENTITIES
dc.subjectSTATE GUARANTEES
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK MARKET
dc.subjectSTOCK MARKET CAPITALIZATION
dc.subjectSTOCKS
dc.subjectSUKUK
dc.subjectSURETIES
dc.subjectT-BILLS
dc.subjectT-BONDS
dc.subjectTAX
dc.subjectTAX POLICY
dc.subjectTOTAL DEBT
dc.subjectTOTAL EXTERNAL DEBT
dc.subjectTRADING
dc.subjectTREASURY
dc.subjectTREATIES
dc.subjectTURNOVER
dc.subjectUSE OF DERIVATIVES
dc.subjectWARRANTS
dc.titleDebt Management Performance Assessment : Kazakhstanen
dspace.entity.typePublication
okr.date.disclosure2012-06-11
okr.date.doiregistration2025-05-07T10:07:47.298610Z
okr.doctypeEconomic & Sector Work::Debt Management Performance Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2011/05/16357408/kazakhstan-debt-management-performance-assessment-dempa
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid293161468272383812
okr.identifier.externaldocumentum000425962_20120611102427
okr.identifier.internaldocumentum16357408
okr.identifier.report69667
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/06/11/000425962_20120611102427/Rendered/PDF/696670ESW0P1220n0DeMPA0Final0May018.pdfen
okr.region.administrativeEurope and Central Asia
okr.region.countryKazakhstan
okr.sectorPublic Administration, Law, and Justice :: General public administration sector
okr.themeEconomic management :: Debt management and fiscal sustainability
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicInternational Economics and Trade::External Debt
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.unitEcon. Policy & Debt Dept (PRMED)
okr.volume1 of 1
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