Vice Minister of Finance of Kazakhstan DaurenKengbeil participated in the Spring Meetings of the International Monetary Fund (IMF) and the World Bank (WB) held from April 22 to 24, 2025, in Washington, D.C. (USA).

As a member of the Kazakh delegation, the Vice Minister Dauren Kengbeil, as Alternate Governor from Kazakhstan to the IMF, took part in a Swiss Constituency Meeting, as well as in a meeting with Bo Li, Deputy Managing Director at the IMF.
The agenda focused on economic development issues, and the enhancement of international cooperation to address current global economic challenges.

During the official IMF and WB events, DaurenKengbeil held a number of bilateral meetings with senior representatives of key international financial institutions and global investment companies. Special attention was given to expanding economic partnerships and advancing reform initiatives in Kazakhstan.

In a meeting with Antonella Bassani, Vice President WB for Europe and Central Asia, discussions centered on the Government of Kazakhstan’s priorities for the next five years in the framework of the development of a new Country Partnership Strategy for 2026-2030, and the implementation of prospective joint projects.

Dauren Kengbeil also held talks with Junaid Kamal Ahmad, Vice President of Operations, Multilateral Investment Guarantee Agency, and Wiebke Schloemer, Regional Director, International Finance Corporation (members of the WB Group). The parties expressed strong interest in expanding mutually beneficial cooperation and actively pursuing project implementation.

Current issues such as reducing borrowing costs and leveraging existing WB financial instruments, including financing in local currency, were discussed during a meeting with George Richardson, Director for Capital Markets and Investments, Treasury, WB.

Meetings with representatives of JP Morgan, Morgan Stanley, Fidelity Investment, Artisan Partners, and Schofield Group focused on current global capital market trends.

In discussions with leading international credit rating agencies – S&P and Fitch – both sides exchanged views on Kazakhstan’s macroeconomic outlook, ongoing economic reforms, and the broader international financial landscape.

Source : https://www.gov.kz/memleket/entities/minfin/press/news/details/984130?lang=kk