Kazakhstan creates reserve fund of 623 million dollars

Kazakhstan creates reserve fund of 623 million dollars

The reserve fund, formed by the Kazakh government for financing the anti-crisis measures in the coming year will reach 225.5 billion tenges (623 million dollars), the first Deputy Prime Minister of the country Bakytzhan Sagintayev said.

"In order to implement additional tasks, starting from this year, an additional special reserve will be allocated to the national budget, intended to finance the operational anti-crisis measures. A special reserve is planned in the amount of 225.5 billion tenge in 2016," TASS quoted him as saying.

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