17:47, 29 June 2016 | GMT +6
PM held meeting of Samruk-Kazyna Fund’s Board of Directors
ASTANA. KAZINFORM Prime Minister Karim Massimov has held a meeting of the Board of Directors of Samruk-Kazyna Sovereign Welfare Fund in Astana on Wednesday, Kazinform refers to pm.kz.
“Just held a meeting of the Board of Directors of Samruk-Kazyna Fund. Public hearings should be held in the Parliament this autumn," the PM shared this post via his Twitter account.
Recall that the Program of Transformation of Samruk-Kazyna Sovereign Welfare Fund has been implemented since 2014 and aims at reforming its activity and daughter companies.
The transformation is carried out in three areas: increasing the value of the portfolio companies and approach to the management of the Fund's investment activities, improving corporate governance.
As a result, the program is called to increase competitiveness of the Fund.
Noteworthy to say that the first stage of the transformation program will be completed by the end of 2017.