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Sovereign Wealth Funds Briefing - Categorized | Investment

Kazakhstan investments into the US economy stand at $41 bln: Central Bank Governor

Posted on 25 May 2012

Kazakhstan has invested into the US economy a total of $41 billion, Newskaz.ru reports, citing the Kazakh Central Bank Governor Gregory Marchenko as saying May 24.
The National Fund of Kazakhstan was created in 2000 as a stabilization fund that accumulates windfall revenues from oil sales and ensures the economy of Kazakhstan will be stable against the price swings of oil. The assets of the National Fund assets are monitored by the National Bank of the Republic of Kazakhstan………………………………………..Full Article: Source


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