| The Samruk Kazyna Sovereign Wealth Fund officially unveiled its transformation programme Oct. 6. The programme is designed to help modernise Kazakhstan’s economy and bring an additional $11 billion to the country’s gross domestic product by 2020 through the reorganised fund.
The programme was announced during what was billed as a Transformation Forum that took place in Astana with the presentation of a programme to modernise the fund by optimising business practices, increasing outside investment and establishing an improved system of corporate management. The programme, elaborated by the fund in conjunction with international consultants, was approved by the Samruk Kazyna board of directors Sept. 5 during a session chaired by Kazakh Prime Minister Karim Massimov...............................................Full Article: Source
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