1 “... focuses on vision of developing Kazakhstan into a leading emerging market economy requires concerted...”

2 “... reform agenda is paramount to Kazakhstan becoming a dynamic emerging market economy and ensuring...”

3 “... modern, open market economy, and to improve governance and public management. It has committed...”

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6 “... several emerging market economies in MENAP and could have more severe implications should financial market...”

7 “... negative spillovers from lower oil prices, sluggish global growth, and volatility in emerging market...”

8 “... by 2021. However, risks remain substantial, and relate mainly to growth in advanced and emerging market...”