Tokayev reviews Samruk-Kazyna Holding’s activities in 2020

The assets of the financial holding companies rose to 800 billion tenge.

On January 19, President of the Republic of Kazakhstan Kassym-Zhomart Tokayev received Chairman of the Board of the Samruk Kazyna National Welfare Fund (NWF). The agenda focused on the preliminary results of the financial institution over the past year, the press office of Akorda reports.

The head of the holding reported that global economic crisis had not prevent Samruk Kazyna from making some progress in 2020. The companies avoided massive contraction, as was recorded among foreign peers. In general, the Samruk Kazyna’s assets grew to a trillion and amounted to 800 billion tenge.

The economist informed that the financial holding companies had directed 554 billion tenge to the National Fund, including the share of profits from digital transformation amounted to 171 billion tenge, over the past three years through paying off debts. Yesimov noted that an increasing number of projects aimed at supporting domestic producers would be implemented in phases. 

Yesimov said that authoritative global experts had given a positive appraisal of the Fund’s activities. The credit rating agency Standard & Poor’s gave the Fund the Stable credit rating.

Commenting on the report, Tokayev gave specific instructions to the Chairman of the Board of Samruk Kazyna NWF JSC.

20 янв 2021, 18:18
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