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KAZAKHSTAN DAILY DIGEST
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From: Elina Karakulova (ekarakulova@sorosny.org)
Date: Wed Jul 02 2003 - 14:07:01 EDT
U.S. TO REDUCE AID TO KAZAKHSTAN BECAUSE OF ECONOMIC SUCCESS
U.S. President George W. Bush has asked Congress for $32 million for assistance to Kazakhstan in 2004, $10 million less than in 2003, khabar.kz reported on 1 July. State Department acting Coordinator for U.S. Assistance to Europe and Eurasia Thomas Adams said that the reduction is a response to Kazakhstan's considerable progress in carrying out economic reforms. Adams reportedly added that Kazakhstan has the best prospects for economic development of any former Soviet republic, and according to U.S. assessments it is now the richest state in Central Asia, thanks to its oil and other mineral resources and its modern economic system. For these reasons, Washington is reportedly considering eventually ending all economic assistance to Kazakhstan. Since 1992, Kazakhstan has received almost $1 billion in U.S. aid. BB
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