Visually-impaired version 
On february 4, 2025 MIND MNU, in cooperation with the World Bank, presented the Kazakhstan Economic Update 2025 report. The event featured a high-level discussion on fiscal policy, sustainable investment, and the latest analytical insights into Kazakhstan’s economy.
The annual report provided an overview of Kazakhstan’s economic developments, growth prospects, and policy challenges. The event was moderated by Natasha Sharma, Senior Economist in the Global Macroeconomics, Trade, and Investment Practice at the World Bank.
Andrei Mikhnev, World Bank Resident Representative in Kazakhstan and Turkmenistan, thanked Maqsut Narikbayev University for the opportunity to present the report and noted that the fiscal policy of Kazakhstan in 2025-2026 remains stimulative, accompanied by a significant budget deficit. Despite a manageable level of public debt, the growing reliance on domestic borrowing and the use of the National Fund to cover the budget deficit raises concerns about its long-term sustainability.
The World Bank report is traditionally an important source of analytical information used by the government, business community and academic sector for strategic decision-making. This year, special attention was paid to sustainable economic growth, investment policy and reforms aimed at improving the business climate in Kazakhstan.
Hosting lectures of this kind helps to improve students’ economic literacy and broadens their understanding of global and regional economic processes. Maqsut Narikbayev University continues to develop cooperation with leading international organizations, providing its students with the opportunity to communicate with world-class experts.