National Bank Governor on investing pension assets into infrastructure projects

ПОДЕЛИТЬСЯ

National Bank Governor on investing pension assets into infrastructure projects National Bank Head Gregory Marchenko. National Bank Press Servive©

Assets of the single pension funds could be invested into profitable infrastructure projects, a Tengrinews.kz journalist reports, citing National Bank Governor Gregory Marchenko. “If some infrastructure projects are truly profitable and if the Board of the single pension fund approves of investments and if the National Bank as the market regulator decides this particular class of investments is acceptable, pension assets could be invested into such projects”, the National Bank’s PR Department quoted Mr. Marchenko as saying. “There should be some safeguards in place so that all the sides are sure the investments are recouped with a profit higher than the inflation rate (…) We are all interested in launching new industrial enterprises across Kazakhstan with a lot of new jobs”, Mr. Marchenko summed up. Pension savings are to be consolidated into a single pension fund by July 1, 2013. The single pension fund will be owned by the Government, whereas the National Bank shall act as the assets manager.

ПОДЕЛИТЬСЯ
Assets of the single pension funds could be invested into profitable infrastructure projects, a Tengrinews.kz journalist reports, citing National Bank Governor Gregory Marchenko. “If some infrastructure projects are truly profitable and if the Board of the single pension fund approves of investments and if the National Bank as the market regulator decides this particular class of investments is acceptable, pension assets could be invested into such projects”, the National Bank’s PR Department quoted Mr. Marchenko as saying. “There should be some safeguards in place so that all the sides are sure the investments are recouped with a profit higher than the inflation rate (…) We are all interested in launching new industrial enterprises across Kazakhstan with a lot of new jobs”, Mr. Marchenko summed up. Pension savings are to be consolidated into a single pension fund by July 1, 2013. The single pension fund will be owned by the Government, whereas the National Bank shall act as the assets manager.
Tengrinews
Читайте также
Join Telegram
Arctic cold approaches Kazakhstan
Earthquake felt by residents of Almaty
Kazakhstan to be hit by snowfall
Flights delayed at Aktobe airport
US dollar drops sharply in Kazakhstan
Kazakhstan to raise living wage in 2026
Tenge continues to strengthen steadily
CSTO meeting has begun in Bishkek

Exchange Rates

 504.61  course up  587.93  course up  6.63  course up

 

Weather

location-current
Алматы

 

Редакция Advertising
Социальные сети