27.02.2014 - Kazakh state wealth fund sees subsidiaries borrowing $4.3 bln in 2014
Kazakhstan's sovereign wealth fund Samruk-Kazyna expects its subsidiaries to borrow 800 billion tenge ($4.3 billion) this year, around half of it on external markets, Nurlan Rakhmetov, the fund's managing director, said on Wednesday. Samruk-Kazyna manages state-run stakes worth a total of around $100 billion, or roughly half of Kazakhstan's gross domestic product. The oil-rich nation of 17 million is central Asia's largest economy...............................................Full Article: Source
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