This report assesses the Observance of Standards and Codes on Fiscal Transparency for the Republic of Kazakhstan. Kazakhstan has made rapid progress recently in improving its fiscal legislation, simplifying intergovernmental fiscal relations, establishing a new treasury system, and achieving basic accounts transparency. Fiscal reporting and dissemination of information has already achieved a sound level of practice, and can be built upon with relatively little further effort. Promising work has also begun in establishing a disciplined medium-term budget framework.
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