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Kazakhstan’s national fund assets exceed US$66 billion. Why can they reach this figure?
I believe many people may have heard such a plot in some film and television works, that is, when the country is in turmoil, the emperor will often say one sentence, that is, the national treasury is empty, and I cannot take care of such a thing by myself. From here we can see that the fullness of the national treasury is very important for a country, and Kazakhstan is a leader among all countries. Why can Kazakhstan maintain such a high growth rate despite such a severe economic crisis? Next, I will analyze it with you through the following points.

Reasonably allocate resources.

If you think about what the main income of a country is, the first thing you may think of is taxation, but you cannot see this situation in Kazakhstan. Because of the impact of the new crown epidemic, Kazakhstan A lot of taxes have been drastically cut this year, which directly resulted in many companies not actually needing to pay taxes this year. Even their oil company tax revenue fell by 48.2%. But Kazakhstan went there, and through reasonable allocation of resources, it achieved another increase in treasury funds. Of course, although the increase was not much, only 3.6%, it was far more than other countries.

How to achieve such an increase?

First of all, most of Kazakhstan’s national funds are managed by the Central Bank of Kazakhstan. They do not leave these funds in the bank without using them, but introduce some Professional investment managers conduct investments. According to data released by the Central Bank of Kazakhstan, in the past period, the investment return rate of the Kazakhstan State Fund was 89.13%.

What do you think of this rise?

To be honest, because his country is relatively small, it can make large-scale investments without disrupting the market. Of course, this does not erase Kazakhstan’s effective use of national funds. This model is worth learning. For many small and medium-sized countries, this can not only increase the funds of the national treasury, but also save money at critical moments. Stabilizing the market is, of course, impossible for large countries that want to invest so much money in the market.