Nazarbayev gave instructions to new head of Samruk-Kazyna

courtesy of RK First President’s press service
Nursultan Nazarbayev received the NWF Samruk-Kazyna board chairman, Almasadam Satkaliyev, Kazpravda.kz refers to the press service of the First President of Kazakhstan reporting.

During the meeting, Nazarbayev was briefed on Samruk-Kazyna past year and 2021 Q1tallies and also on the follow-up to the instructions given at the meetings of the Samruk-Kazyna Fund Management Council.

"The Fund's companies ended 2020 without significant personnel reductions, while maintaining a continuous production process. By the end of 2020, the Fund's assets reached KZT 13.9 trillion," Nursultan Nazarbayev said.

A. Satkaliev accounted on the activities of transforming the Fund into an investment holding and key priorities for the coming years.

The First President of Kazakhstan noted that the Fund is the national wealth of Kazakhstan, therefore, it is necessary to continue work to increase its assets for the benefit of the entire nation.

"In 2020, the Fund allocated KZT 870 billion to the state budget," Nazarbayev said.

He also underscored the importance of taking concrete measures to further improve the Fund's companies.

19:26, 7 April 2021