[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111178-en":3,"doc-seo-111178-105":28,"detail-sidebar-cat-0-en-105":89},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},111178,34359740700684,"Finn","https://ap-avatar.wpscdn.com/avatar/1f400023980c374ae676?_k=1777273430885731487",8,"Research & Report","Kazakhstan Inclusive and Sustainable Economic Growth Development Policy Operation - Chair Summary - March 14, 2024","Kazakhstan’s policy operation chair summary records Executive Directors’ approval of an IBRD loan of JPY 84,927.1 million (US$600 million equivalent) under terms set in the President’s Memorandum. The directors emphasize this first programmatic DPO in a two-operation series, explicitly supporting climate actions through tariff reforms aligned with the Country Climate and Development Report. They also stress institutional capacity building, private investment enablement, strong World Bank Group engagement, strengthened social protection, and regional stakeholder cooperation while minimizing duplicated efforts.","Public Disclosure Authorized Public Disclosure Authorized  \nKazakhstan-Inclusive and Sustainable Economic Growth Development Policy Operation  \nChair Summary*  \nMarch 14, 2024  \nThe Executive Directors approved an IBRD loan in the amount of 84,927.1 million Japanese Yen (US$600 million equivalent) for the Kazakhstan Inclusive and Sustainable Economic Growth Development Policy Operation (DPO) on the terms and conditions set out in the President’s Memorandum. The minutes will reflect that Mr. Gorordo wished to be recorded as abstaining.  \nDirectors noted that this operation is the first in a programmatic DPO series of two operations that explicitly support climate actions, such as tariff reforms, consistent with the Country Climate and Development Report. Directors also noted the importance of supporting institutional capacity building reforms to establish more competitive markets and emphasized the criticality of enabling private investment and strong engagement with IFC and MIGA, including through reforms in the financial sector. Directors underscored the need to engage as One World Bank Group to implement an ambitious reform agenda and develop investment projects to accelerate progress towards carbon neutrality and raise economic growth.  \nDirectors highlighted the need to continue the shared prosperity agenda to ensure that Kazakhstan’s reform pathway is inclusive and welcomed efforts to strengthen the social protection system. They stressed the importance of regional cooperation, engaging with stakeholders and other partners on challenging reforms, and avoiding duplication of efforts while supporting the Government’s overall risk mitigation efforts.  \n*This Summary is not an approved record.","cbCaieEO9xVzW1rv","https://ap.wps.com/l/cbCaieEO9xVzW1rv","pdf",67165,1,"English","en",105,"# Executive Directors’ Approval\n## Loan terms and abstention note\n## Programmatic DPO series and climate actions\n## Institutional capacity, markets, and investment enablement\n# Social protection, regional cooperation, and implementation approach\n## Shared prosperity and inclusiveness\n## Risk mitigation and avoiding duplication","[{\"question\":\"What loan amount and institution were approved for the operation?\",\"answer\":\"Executive Directors approved an IBRD loan of JPY 84,927.1 million (US$600 million equivalent) for the Kazakhstan Inclusive and Sustainable Economic Growth Development Policy 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