President decides to allocate 1 trillion tenge from the National Fund
20:40, 2 April 2014
ASTANA. KAZINFORM - President has made a decision to allocate from the National Fund KZT 1 trillion to support the economy of Kazakhstan, this has been announced by him at a meeting of Majilis bureau.
"Instability is deepening in the global economy, it is necessary to find new measures in the implementation of the economic policy. New approach, new team are needed for effective actions both domestic and international. At the moment most of external financial markets are closed for us, it is necessary to use more internal capabilities. I decided to allocate from the National Fund KZT 1 trillion to support the economy", said the President. Initially there will be allocated KZT 500 billion and then another KZT 500 billion. It will revive economy and business, said the President.