Anvar Saideno, NBK: A guiding hand from the central bank
Anvar Saidenov, the new governor of the National Bank of Kazakhstan, speaks to Euromoney's Nick Kochan about efforts to diversify the economy, control the inflationary effects of foreign currency inflows and develop more active financial markets.
What are the principal challenges facing the National Bank of Kazakhstan today?
|Anvar Saidenov: Kazakhstan must
diversify its economy and find
niches where it can be competitive.
For the moment, the country is the beneficiary of high oil prices and the government has a budget surplus and enough funds for building infrastructure and other industries. But this could change quite radically in a couple of years and then the economy could face some serious problems.