SAMRUK-KAZYNA TO TRANSFER KZT50 BLN TO THE NATIONAL FUND

SAMRUK-KAZYNA TO TRANSFER KZT50 BLN TO THE NATIONAL FUND

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24 June 2020

SWF Samruk-Kazyna JSC allocated KZT50 bln from the SPO of NAC Kazatomprom JSC to the National Fund of the Republic of Kazakhstan. 

Let us recall, on June 3, 2020, at a meeting of the Management Board of JSC SWF Samruk-Kazyna, it was announced that the National Holding was ready to send KZT100 bln to the National Fund by the end of 2020. Chairman of the Council - First President of the Republic of Kazakhstan Elbasy Nursultan Nazarbayev supported this initiative, emphasizing its special value in times of crisis. 

“I positively assess and support timely decisions by the management of the Fund. They have shown their effectiveness. During the crisis, the state allocated substantial funds from the National Fund to support the economy. However, under these conditions, Samruk-Kazyna, on the contrary, will transfer KZT100 bln to the National Fund, ”said the First President of Kazakhstan. 

The management of the Samruk-Kazyna Fund, taking into account the current economic situation in the country has decided to send the first part of the funds to the National Fund ahead of schedule. The remaining amount Samruk-Kazyna plans to send before the end of this year.