This means that they look after the economic, financial, and exchange rate policies of its members, including Kazakhstan and meet approximately once a year[2] with Kazakh government and national bank officials.
The first project in Kazakhstan was made with the goal to restructure the banking system, first by licensing and tightening regulations, and second by making the necessary regulatory and institutional structural reforms.
Announced by President Nursultan Nazarbayev in November 2014, Nurly Zhol (Bright Path) was a program meant to stimulate the economy by investing in infrastructure, energy projects, tourism, etc.
For example, aiding car manufacturers because or farmers for having sustained losses due to the imports of cheaper Russian goods.
[11] Clashes between oil workers in western Kazakhstan and riot police in 2011 left several dead, and the Kazakh government continues to worry about this issue.
[13] While the 2017 consultation ended with the praise of Kazakh officials for being able to respond quickly and gauge effectively the impacts of the situation, the IMF also believes that structural changes do need to be made in order to keep Kazakhstan from becoming too vulnerable from swinging commodity prices and loss in oil revenue.