“The investment income of the National Fund amounted to $4.5 billion or more than 7.5% per annum. This is twice the historical average yield. The total volume of foreign currency assets of the National Fund amounted to $58.8 billion," Suleimenov said, speaking at an extended government meeting chaired by President Kassym-Jomart Tokayev.
According to him, the government increased withdrawals from the National Fund to T6.3 trillion: of which direct transfers - T5.6 trillion, purchase of shares - T467 billion, and bonds of quasi-public sector companies for T238 billion were purchased to finance infrastructure projects.
Photo source: picture from an open source