MP Calls for Dissolution of Samruq-Qazyna Fund
Photo: Skc.kz
Majilis member Adil Zhubanov discussed Samruq-Qazyna Sovereign Wealth Fund and proposed its complete dissolution, Orda.kz reports.
There are people in Kazakhstan who have never done business but are extremely wealthy — simply because they work in national companies. Not a single member of their family has been involved in entrepreneurship, yet we all know these very rich individuals. Essentially, we’re handing over all national wealth into a few hands — making it easier to steal. Overall, I oppose the work of Samruq-Qazyna. It should be disbanded, and its assets transferred to a competitive environment,the deputy stated.
His proposal was met with a response from Nurlan Nurzhanov, a member of the Supreme Audit Chamber. He confirmed that the Chamber would soon conduct an audit of the Samruq-Qazyna fund.
Given the current circumstances, we are carrying out an audit of Samruq-Qazyna. According to the plan, it will be completed by July. We will deliver a full report and recommendations. This matter concerns us as well, Nurzhanov noted.
President Qasym-Jomart Toqayev has also stated that the fund requires reform.
Original Author: Artyom Volkov
Latest news
- Ecology Ministry Explains 13 Million Tenge Fine For Picking Dandelions
- Kazakhstan Refineries Increase Oil Processing Depth To 90%
- High Rates No Longer Keep Kazakh Banks’ Profits Rising, Analysts Say
- Almaty Health Officials Prepare for Possible Hantavirus Cases
- Ministry Says Saiga Deaths Remain Within Natural Limits
- Kazakhstan Faces Shortage of Doctors and IT Specialists
- Kazakhstan Petition Calls for VAT Removal on Feminine Hygiene Products
- Kazakhstan to Publish Register of Convicted Economic Crime Offenders
- Kazakhstan’s Economy Grew 3.6% in Four Months
- Shymkent Colleges Used Fictitious Students to Steal Over 1.3 Billion Tenge
- Almaty Court Extends Chechen Activist’s Extradition Arrest
- Record Rainfall Hits Almaty
- Falling Caspian Sea Level Reshapes Northern Coastline
- Kazakhstan Says It Is Ready To Help Resolve Iran’s Nuclear Issue
- Pashinyan Explains Why He Will Skip The EAEU Summit In Astana
- Kazakhstan To Gradually Cut University Programs In Oversupplied Fields
- Kazakhstan Offers Indonesia A Route To Central Asia And Europe
- Kazakhstan Tightens Rules for Master Plans and Urban Development
- Kazakhstan Approves Rules for Digital Tenge Circulation
- Military Jets to Conduct Training Flights Over Astana
