While the world economy continues to be unsettled, economic growth in Kazakhstan has been solid. Strong domestic demand, coupled with increased oil output and recovered crop production, boosted economic growth from 5% in 2012 to 6% in 2013.
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As of January 2014, Bank cumulative lending to Kazakhstan was more than US$ 6.8 billion for 40 loans since 1992. The current portfolio consists of 12 projects that support Government efforts to manage oil revenues, promote competitiveness, invest in human capital and basic infrastructure, and ensure environmentally friendly growth.