Strategic Eurasian business opportunities and geo politics 2013-2050 Energy projects, Oil and Gas, Pipeline Politics, Banking and Finance, Food processing : Kazakhstan has the worlds biggest ratio of natural resources per capital and one of the fastest growing emerging market. The country is very dependant on commodity prices as shown in recent crises in 2008 and now has The National Fund of Kazakhstan is now 100% invested abroad and provides a cushion as it is a very high percentage of GDP.
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Sunday, 21 April 2013

Assets of Kazakhstan's national fund stood at $70 bln by end-2012


5 MARCH 2013, 14:19 (GMT+04:00)


The total assets of the National Fund of Kazakhstan amounted to $68.9 billion
 (34 per cent of GDP), the minister of economy and budget planning Erbolat
Dosaev said at a regular government meeting.
"The government of Kazakhstan is going to continue the policy of accumulating
assets in the National Fund considering the irreducible residue at a rate of
20 per cent of the expected value of GDP," he said.
Moreover, in order to provide the budget with a stable revenue source
and finance the expenditures allocated on an increase of economic activity
 and employment, the law of the Republic of Kazakhstan 'on guaranteed
transfer from the National Fund of Kazakhstan' was adopted.

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