Skip to main content

Kazakhstan’s president announces changes to powerful wealth fund

National unrest leads to changes at SWF that owns an estimated 40% of GDP

Almaty

Kazakhstan’s president has made significant changes to the country’s sovereign wealth fund, dismissing large numbers of staff, changing its structure and proposing privatising some of its assets. Kassym-Jomart Tokayev acted after days of violent unrest across the country, which the government suppressed with the aid of Russian troops. 

One analyst tells Central Banking he estimates that the fund comprised about 40% of GDP and employs 5–6% of the workforce.

In 2019, Tokayev succeeded Nursultan

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.