Kazakhstan National Fund


The government of Kazakhstan created the National Fund of the Republic of Kazakhstan in 2000 in order to manage oil revenue more effectively. Tax revenues from certain oil and gas companies accumulate this fund. The list of oil and gas companies updated by the government of Kazakhstan.

Kazakhstan National Fund

What is ‘Kazakhstan National Fund’

The Kazakhstan National Fund is a sovereign wealth fund for the nation of Kazakhstan. The sovereign wealth fund originates from surplus revenues gained from taxes on the development of Algeria’s oil, gas and mineral reserves. According to the Sovereign Wealth Fund Institute, the Kazakhstan National Fund has approximately $21.6 billion in assets as of 2008.

Explaining ‘Kazakhstan National Fund’

The Kazakhstan National Fund was established in 2000, primarily to act as a stabilization fund to lessen the impact that volatility in oil, gas and mineral prices have on the Republic of Kazakhstan. The Kazakhstan National Fund is a secretive organization and little information can be found as to its governance, holdings or investment strategies.

Kazakhstan National Fund FAQ

Which country has the largest single sovereign wealth fund?

Norway is the country with the largest single sovereign wealth fund.

Who owns sovereign wealth funds?

The government owns and funds it.

Can you invest in sovereign wealth funds?

Sovereign wealth funds usually invest passively and long-term. Their full portfolios are hardly revealed, but sovereign wealth funds invest in a wide range of asset classes including: Government bonds. Equities. Mar 14, 2020

What is the largest sovereign wealth fund in the world?

Rankings by Total Assets Rank Profile Type 1.Norway Government Pension Fund Global Sovereign Wealth Fund 2.China Investment Corporation Sovereign Wealth Fund 3.Abu Dhabi Investment Authority Sovereign Wealth Fund 4.Kuwait Investment Authority Sovereign Wealth Fund. There are 86 more rows.

What does sovereign wealth fund mean?

A sovereign wealth fund is an investment fund of the state, comprising of money generated by the government, often gotten from the excess reserves of a country. … SWF can be funded from various sources. Aug 10, 2020

Further Reading

  • The National Fund of the Republic of Kazakhstan (NFRK): From accumulation to stress-test to global future – www.sciencedirect.com [PDF]
  • Sovereign wealth fund issues and the national fund (s) of Kazakhstan – papers.ssrn.com [PDF]
  • Raw-material-intensive Economy and Development of Small and Medium-sized Enterprises in Kazakhstan – search.proquest.com [PDF]
  • The relevance of International Financial Reporting Standards to a developing country: Evidence from Kazakhstan – www.sciencedirect.com [PDF]
  • Finance and income inequality in Kazakhstan: evidence since transition with policy suggestions – www.tandfonline.com [PDF]
  • Kazakhstan and Azerbaijan as post-Soviet rentier states: resource incomes and autocracy as a double 'curse'in post-Soviet regimes – www.tandfonline.com [PDF]
  • Government Support of Innovative Business in the Republic of Kazakhstan – www.iejme.com [PDF]
  • Special vehicles of state intervention in Russia and Kazakhstan – link.springer.com [PDF]