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Treasury Reform in Kazakhstan: Lessons for Other Countries
Author:
Mr. Eivind Tandberg
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and
S. Ramamurthynull

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Series:
IMF Working Papers
Volume/Issue:
Volume 2002: Issue 129
Language:
English
Publication Date:
01 Aug 2002
DOI:
https://doi.org/10.5089/9781451855128.001
ISBN:
9781451855128
ISSN:
1018-5941
Pages:
28
Keywords:
WP; government; treasury; country; firm; budget; Treasury reform; budget reform; transition economies; Kazakh government account; government system requirement; treasury system; reform process; cash resource; Kazakh treasury reform; Kazakh Treasury system; Budget planning and preparation; Fiscal accounting and reporting; Budget execution and treasury management; Budget classification; Baltics
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Kazakhstan’s government has established a comprehensive and efficient treasury system for government revenues and expenditures, and introduced a state-of-the-art government financial management information system. Kazakhstan is among the leading BRO (Baltics, Russia, and other Former Soviet Union) countries in modernizing its budget execution system despite remaining challenges in other areas of fiscal management. The successful outcomes are related partly to the high quality of the reform process, and partly to the institutional design of the Kazakh treasury. Some design features are common for most well-functioning treasuries. Other features are related to the specific economic factors, institutional features, and financial management objectives of a transition economy, with a strong emphasis on fiscal control and financial discipline.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund
Volume 2002: Issue 129