Kazakhstan is not going at present to use the IMF credits - Nazarbaev

/IRBIS, Dec.22, 99/ - According to ITAR TASS, Kazakhstan is not going to use at present credit resources from the new program of the International monetary Fund,- the president of Kazakhstan Nursultan Nazarbaev has informed to the journalists at the briefing concerning the results of official visit in USA. Within the framework of the three-years governmental program approved by IMF for the reforms support $450 million can by granted to Kazakhstan. Similar practice is quite a usual evens for relation of Fund and its customers. The unused resources play a role of "insurance policy" on the case of unexpected financial shocks. Nazarbaev has informed also, that soon Astana should receive the second transh of the $170 million loan, given by the World bank. The first transh is already apportioned. During the visit In Washington the President of Kazakhstan, in particular, has met the manager of IMF Michele Kamdesu and representatives of the World bank. As he said, they, in particular, discussed the lessons of recent financial crisis in the Southeast Asia. Some Kazakh - American contracts to the sum of about $600 million were signed during the visit of the Kazakhstan President.