Kazakhstan to allocate over $4 billion from National Fund to infrastructure in 2027

September 9, 2026 at 10:51 AM1 min

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Kazakhstan plans to allocate more than $4 billion from the National Fund to major infrastructure projects in 2027. Annual allocations are set to exceed $3 billion in 2028 and 2029. The fund's foreign currency assets reached $65.5 billion by mid-2026.

Key Facts

Kazakhstan plans to allocate more than $4 billion from the National Fund to major infrastructure projects in 2027.
Annual allocations are set to exceed $3 billion in 2028 and 2029.
The National Fund's foreign currency assets reached $65.5 billion by mid-2026.
The National Fund's total assets reached $73.8 billion at the end of 2025.
Over 338,000 citizens received payments under the National Fund for Children program from February 2024 to August 1, 2026, totaling about $67.8 million.

Infrastructure Investment Plans

The government plans to direct National Fund resources to major infrastructure projects of national significance. In 2027, more than $4 billion is earmarked for this purpose, with over $3 billion annually in 2028 and 2029. Planned investment areas include transport, energy, utilities, education, and healthcare facilities. Such projects are expected to create jobs, generate demand for domestic enterprises, and raise long-term economic productivity.

National Fund Performance

The National Fund's foreign currency assets reached $65.5 billion by mid-2026. Total assets of the National Fund reached $73.8 billion at the end of 2025. The fund's primary mandate is to preserve assets for future generations and shield the economy from external shocks. In 2025, the National Fund transferred $888 million to the children's program.

Children's Program

Kazakhstan's National Fund for Children program has been operating since February 2024. From February 2024 to August 1, 2026, over 338,000 citizens received payments totaling approximately $67.8 million. Funds for minors are held in National Fund assets and invested until they turn 18.