01764cas a2200241 a 4500 AALejournalIMF004301 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451820980 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Republic of Kazakhstan : 2006 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (46 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The discussions centered on the needed steps to tighten monetary conditions, curb banks' external borrowing, and reduce banks' vulnerability to a sharp deterioration in the quality of loan portfolios. Strong expansion in oil and non-oil receipts in 2005 permitted continued rapid spending growth within a sharply increasing surplus position of the overall budget. The authorities recognize that structural reforms to enhance the investment climate are critical for sustaining the non-oil sector's growth prospects. Significant gains in productivity will be required to offset the impact of the inevitable trend real exchange rate appreciation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/244 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/244/002.2006.issue-244-en.xml IMF e-Library