It has become known how much money will be withdrawn from the National Fund over the next three years and what the level of the fund's net foreign currency assets will be. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
The data was announced by Deputy Prime Minister – Minister of National Economy Serik Zhumangarin at today's meeting of the Kurultai.
Guaranteed transfers
In 2027–2029, the following amounts are planned to be withdrawn from the National Fund as guaranteed transfers:
- 01in 2027 – 2 trillion 430 billion tenge;
- 02in 2028 – 2 trillion 430 billion tenge;
- 03in 2029 – 2 trillion tenge.
Targeted transfers
In addition, targeted transfers from the National Fund will be allocated to large construction projects and facilities important for the country. Their volume:
- 01in 2027 – 2 trillion tenge;
- 02in 2028 – 1.5 trillion tenge;
- 03in 2029 – 1.5 trillion tenge.
"The funds will be directed to financing the most important facilities and projects of significance for the whole country," said Serik Zhumangarin at today's meeting of the Kurultai.
Net foreign currency assets of the fund
The government has also planned what the level of the National Fund's net foreign currency assets will be after accounting for guaranteed and targeted transfers. According to the forecast, the fund's net foreign currency assets will be:
- 01in 2027 – 65.2 billion US dollars;
- 02in 2028 – 67.3 billion US dollars;
- 03in 2029 – 70.6 billion US dollars.