PRESIDENTIAL DECREE OF THE REPUBLIC OF KAZAKHSTAN

of September 22, 2023 No. 357

About modification of 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:

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":

part the fifth Chapters "Use of means of NFRK" to state in the following edition:

"Acquisition of the Kazakhstan securities of subjects of the state, quasi-public and private sectors, purchase of blocks of shares, shares of the Kazakhstan companies, funding of banks of the second level, direct lending of legal entities and physical persons from NFRK, use of assets as ensuring obligation fulfillment are prohibited, except for share acquisitions of The KazMunaiGas National Company according to the Decision of the Government of the Republic of Kazakhstan with Discount to Its Market Value for Financing of the Republican Budget, with the Right of Priority Realization of Share of NFRK when Carrying Out the International SPO (Secondary Public Offering) and Acquisition of the Debt Securities of Fund Emitted for Implementation of the Strategic Infrastructure Projects Realized according to the Direct Order of the Head of State. joint-stock company;

third of head of "Restriction on use of NFRK" to state part in the following edition:

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