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Sovereign Wealth Funds Briefing - Categorized | Financials, Performance

Kazakhstan national fund’s assets exceed 10 trillion tenge

Posted on 12 February 2013

The assets of Kazakhstan national fund exceeded 10 trillion tenge ($67 billion) by the end of 2012, Tengrinews.kz reports citing Finance Minister Bolat Zhamishev as saying at the expanded meeting of Finance Ministry attended by Prime-Minister Serik Akhmetov.
“As of the end of 2012 the funds of the National Fund were over 10 trillion tenge ($67 billion) net of investment profits. The share of undrawn balance in the overall expenses made 0.7 percent or 41.6 billion tenge ($277 million), which is 0.1 percent less than in 2011,” Bolat Zhamishev said………………………………………..Full Article: Source


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