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Sovereign Wealth Funds Briefing - Categorized | Market

Kazakhstan needs to diversify away from oil sector, new study shows

Posted on 18 August 2011

The National Fund of the Republic of Kazakhstan, the country’s stabilization fund grown up by saving a portion of oil-related revenues, currently holds more than $38.7 billion, up from $20 billion in 2009 thanks to high oil prices.
This fund can be used toward a public investment strategy by financing investments in health, education and infrastructure, the IMF recommended……………………………………….Full Article: Source


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