PRESIDENTIAL DECREE OF THE REPUBLIC OF KAZAKHSTAN

of June 29, 2023 No. 273

About modification and amendments in the Presidential decree of the Republic of Kazakhstan of September 10, 2022 No. 1005 "About approval of the Management concept public finances of the Republic of Kazakhstan till 2030"

I DECIDE:

1. Bring in the Presidential decree of the Republic of Kazakhstan of September 10, 2022 No. 1005 "About approval of the Management concept public finances of the Republic of Kazakhstan till 2030" the following changes and amendments:

in the Management concept public finances of the Republic of Kazakhstan till 2030 approved by the above-named Decree:

in the Section "5. Basic principles and approaches to forming of policy of management of public finances":

in subsection "5.3. Policy of forming and use of means of NFRK":

in Chapter "Use of means of NFRK":

the second to add part with the subitem 4) of the following content:

"4) in payment type of target requirements and of covering of expenses on payment of the banking services connected with transfers and payments of target accumulatings according to the legislation of the Republic of Kazakhstan.

Target requirements are understood as the obligations of the Government to the citizens of the Republic of Kazakhstan who did not reach eighteen years, created annually at the expense of fifty percent from average in eighteen years preceding accounting year of investment revenue of NFRK, and average in eighteen years preceding accounting year of the investment revenue which is annually charged on this amount.";

in the head of "Restriction on use of NFRK":

the second to state part in the following edition:

"Realization of stabilization function assumes providing the annual guaranteed transfer in the republican budget, and also use of target transfers for the decision of the President of the Republic of Kazakhstan on development of critical infrastructure and projects implementation of all-country value.";

in Chapter "Asset management of National fund of the Republic of Kazakhstan":

state part one in the following edition:

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