Large foreign financial institutions actively invest in Kazakhstan’s agriculture. For example, Islamic Development Bank has allocated over 1,000 loans to support livestock, crop and forage production. High rank international experts in finance and economy discussed how to provide a correct evaluation of such projects as well as prospects of banking in Astana. Some of them consider Islamic financing more equitable where the lender acts as an investor and shares the existing risks together with the borrower.

 

Nuri BIRTEK, SECRETARY-GENERAL, ADFIMI:

Project appraisal provides a very useful method of analyzing any proposed investment. Therefore it is of universal use of development of any country. By extension of course it is very useful for Kazakhstan.

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