AKIPRESS.COM - The World Bank has invested over $6.8 billion in Kazakhstan since 1992, Minister of National Economy Yerbolat Dossayev told the Senate session on Thursday, Kazinform state news agency reported.

"Over 24 years of bilateral cooperation the World Bank has invested over $6.8 billion in Kazakhstan. It helped Kazakhstan develop road and social infrastructure, enhance SME competitiveness, modernize education and healthcare systems, optimize customs and tax administration as well as restore its environment," Minister Dossayev said.

The WB and Kazakhstan are expected to implement joint projects worth $4.9 billion in 2016-2021 as part of the agreement. "The World Bank is to co-finance $4.3 billion," Mr. Dossayev added.