The Head of state received Akhmetzhan Yessimov

The Head of state received Akhmetzhan Yessimov

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28 May 2020

The Head of state received Akhmetzhan Yessimov, CEO of Samruk-Kazyna SWF
The President of Kazakhstan was informed about the current situation in the group of companies. According to Akhmetzhan Yessimov, since the beginning of the crisis and the quarantine period at the production enterprises located in the perimeter of the Samruk-Kazyna group of companies, there have been no job cuts and delays in the payment of wages. 

The measures taken earlier to improve the financial stability of the Fund and the group of companies made it possible to reduce the external debt accumulated in previous years by USD8 bln. This made it possible to prevent losses in the amount of KZT1 trln. Capital and operating expenses were optimized by USD 1 bln.

The Fund is working on the implementation of the order of Kassym-Jomart Tokayev to support the country's economy through the procurement system. Since the beginning of 2020, the group of companies "Samruk-Kazyna" has placed 9 thousand orders at domestic enterprises, which employ 259 thousand people. 

In addition, a program is being implemented to support Kazakhstani enterprises and create new production facilities. The head of the Fund also reported on the implementation of the privatization program.