Kazakh President Nursultan Nazarbayev on Jan. 31 issued a decree setting out details of a special fund to make his resource-rich nation less exposed to changing prices for energy and commodities exports. The official Kazakhstanskaya Pravda newspaper said the National Fund was being set up as a reserve to compensate for any possible fall in world prices of Kazakhstan's mineral exports, and to accumulate funds for future generations. The fund will be managed by the central bank.

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