President Kassym-Jomart Tokayev summed up the large-scale social initiative 'National Fund – Children', emphasizing the uniqueness of this experience across the entire Eurasian continent. This was reported by Qazaqyia.kz citing Kursiv Media.

According to the head of state, Kazakhstan managed to create a precedent for direct distribution of resource revenues in favor of the younger generation.

'Thanks to a special constitutional norm, we were the first in the region to transform natural wealth into real starting capital for citizens. The 'National Fund – Children' program has proven its high efficiency: over three years, $2.3 billion have been deposited into the accounts of six and a half million of our young citizens,' Tokayev said.

The president noted that direct payments to minor Kazakhstanis are only part of the state's comprehensive strategy to support youth.

The logical continuation of care for the younger generation was the launch of the new savings system 'Keleshek', as well as targeted support measures for gifted children — primarily winners of prestigious international olympiads.

'This is how we understand investment in the future. And what country in our neighborhood — that is, on the Eurasian continent — allocates such significant funds for social needs? The answer, apparently, is obvious,' the president concluded.

The head of state expressed confidence that such large-scale financial injections into human capital demonstrate the social orientation of Kazakhstan's state policy.

Key program indicators

The 'National Fund – Children' program started in 2023. It provides for transferring 50% of the National Fund's investment income to accounts of children under 18. The funds can be used upon reaching 18 for purchasing housing or obtaining education.

Over three years, $2.3 billion were transferred to accounts of 6.5 million children. These funds are expected to become the basis for a decent life for each child in the future.

'Keleshek' savings system

As the president noted, the 'Keleshek' program allows parents to save for their children's education. The state adds an initial contribution and annual amounts. This system helps families plan higher education expenses.

Support for gifted children

Additionally, the state pays one-time benefits and grants to children who won prizes at international olympiads. These measures are part of Kazakhstan's policy to support talented youth.

According to Tokayev, such programs make Kazakhstan a leader in social policy in the Eurasian region. He noted that other countries may adopt this experience.

Expert opinion

Economists assess the program as a long-term investment. However, some experts point to the need for control over effective use of funds. According to the president, transparency and accountability of the program are ensured.

Kazakhstan's experience has attracted international attention. A number of countries are studying Kazakhstan's experience.