28 August 2012, 11:45
Kazakhstan's National Fund to exceed USD100 bln by 2015
ASTANA. August 28. KAZINFORM 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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