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Kazakhstan's National Fund to exceed USD100 bln by 2015
15:41 28.08.2012
text: Kazinform views: [1379] Related articlesKazakhstan's National Fund to exceed USD100 bln by 2015 National fund assets for nine months grew by 27.8 % - Finance Ministry Kazakh Majilis approved draft law on guaranteed transfer President signed law on guaranteed transfer from National Fund for 2007 - 2009 Economic Development and Trade Minister Bakhytzhan Sagintayev forecasts that means of the National Fund of Kazakhstan will exceed USD 100 bln by 2015.
Addressing the Government meeting in Astana, the minister said that the guaranteed transfer from the National Fund to the republican budget is determined as follows: KZT 1 380 bln in 2013, KZT 1 188 bln in 2014 and 2015.
"This amount of the guaranteed transfer provides abidance by the rule of the minimum balance equal to 20% of the GDP predicted value at the end of the relevant financial year set at the National Fund concept," he added. |
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