Under the baseline economic development scenario, the foreign-currency assets of the National Fund of the Republic of Kazakhstan are projected to increase from USD 65.2 billion in 2027 to USD 70.6 billion in 2029. These projections were presented at a meeting of the Government by Serik Zhumangarin, Deputy Prime Minister – Minister of National Economy.
“Under the baseline scenario, total receipts to the National Fund are projected at KZT 5.1 trillion in 2027, KZT 5.5 trillion in 2028, and KZT 5.7 trillion in 2029. Net receipts to the National Fund are projected at KZT 0.5 trillion in 2027, KZT 1.4 trillion in 2028, and KZT 2 trillion in 2029,” — Serik Zhumangarin reported.
The amount of the guaranteed transfer to the republican budget has been determined in accordance with the applicable budget rules and will amount to KZT 2.4 trillion annually in 2027 and 2028, followed by a reduction to KZT 2 trillion in 2029.
To finance critically important infrastructure facilities and projects of nationwide significance, a targeted transfer from the National Fund is envisaged in the amount of KZT 2 trillion in 2027 and KZT 1.5 trillion annually in 2028 and 2029.