Tokayev briefed on the state of Kazakhstan’s financial system

Tengrinews.kz - President Kassym-Jomart Tokayev has received the annual report of the National Bank of Kazakhstan, citing the Akorda press service.
A meeting chaired by the President was held at the Akorda, during which the National Bank presented its report on activities for 2024.

Tokayev was briefed on the macroeconomic situation, key outcomes of the monetary policy, the state of the financial system, international reserves, and the assets of the Unified Accumulative Pension Fund (UAPF) and the National Fund.
The meeting also addressed pressing issues related to the National Fund’s operations, execution of the national budget, inflation reduction, monetary policy, the draft law "On Banks and Banking Activities," lending to the real sector, and the status of the National Bank's gold and foreign currency reserves.

Photo: Akorda press service
In April, President Tokayev held a separate meeting with Prime Minister Olzhas Bektenov, National Bank Chairman Timur Suleimenov, and other officials to discuss the economic situation amid falling global prices for energy and key commodities due to tariff conflicts.
At that time, Tokayev instructed the government and regional authorities to urgently finalize an action plan to respond to the financial and economic crisis, aiming to sustain growth and attract investment.