Since 13 October 2026, a delegation of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, led by Chairperson Madina Abylkassymova, has been participating in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Thailand.
During a meeting with IMF Managing Director Kristalina Georgieva, the parties discussed the current state of Kazakhstan’s financial sector, its development prospects and reform priorities, financial stability, and bilateral cooperation. The Agency Chairperson highlighted the constructive cooperation with the IMF and its technical assistance in drafting the new Law on Banks.
Madina Abylkassymova also attended the Caucasus and Central Asia ministers and central bank governors meeting with IMF Deputy Managing Director Bo Li. Discussions focused on the importance of a resilient financial sector for regional integration, enhancements to banking regulation, and the adoption of international best practices in supervision.
Particular attention was paid to cooperation with the Caucasus, Central Asia, and Mongolia Regional Capacity Development Center (CCAMTAC), based in Almaty.
Meetings with IMF representatives also addressed the implementation of a comprehensive risk-based supervisory framework for the capital market and insurance sector. The parties discussed further expert cooperation in drafting new laws on the capital market and insurance to support reforms in these sectors.
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