The government of President Shavkat Mirziyoyev is on a non-stop effort to totally overhaul the economy and image of Central Asia’s largest country.

The bank said that the new forecast would also reflect an improved outlook for Armenia and Georgia.

Germany and the United States, during Merkel’s final visit as Chancellor to Washington, concentrated their efforts not on whether the pipeline should be completed but rather on how Ukraine might be compensated if it loses its status as a transit country for Russian gas.

Kazakhstan’s focus on improving investor dispute resolution and prevention mechanisms has been an essential element of this success. A great deal has been done in recent years. Many countries around the world, especially those that have passed through similar transitions from other non-capitalist economic systems in their recent history, can draw useful lessons from Kazakhstan’s experience.