Astana — Future financial allocations under Kazakhstan’s landmark social initiative, the “National Fund for Children,” are projected to increase. This optimistic forecast was recently announced by Timur Suleimenov, Chairman of the National Bank of Kazakhstan, as reported by Tiek.kz.
Asset Growth and Rising Investment Returns
According to the central bank’s chief, the National Fund’s total assets are expected to maintain steady growth. This positive trajectory remains intact despite the government’s plans to withdraw 5 trillion tenge between 2027 and 2029 to finance strategically important national projects.
As a result, the fund’s investment income is also expected to rise, directly boosting the amounts deposited into the children’s accounts. Suleimenov highlighted that this year, the government made a strategic decision to forgo withdrawing targeted transfers from the National Fund, opting to utilize only the guaranteed transfer.
How the program works: Under the current legislative mechanism, 50% of the National Fund’s annual investment income is distributed equally among all Kazakhstani citizens under the age of 18. These accrued funds are held securely in specialized target accounts until the beneficiaries reach adulthood.
Massive Reach: Presidential Statistics
Speaking at the annual August education conference in the capital, President Kassym-Jomart Tokayev reviewed the interim results of the project, emphasizing its massive national scale.
“Since 2024, under the ‘National Fund for Children’ program, funds have been transferred to the accounts of approximately 7 million children,” the Head of State noted.
According to the official statistics shared by the President, the total volume of annual allocations demonstrates a clear, positive dynamic:
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2024: $695.5 million transferred to children’s accounts.
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2025: Allocations grew to $888.8 million.
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2026: Total transfers reached a record $901.7 million.
