World
The Head of State met with Jared Cohen, President of Global Affairs at Goldman Sachs Global Institute 14.10.2025
September 21, 2025, New York – President Kassym-Jomart Tokayev commended the level of long-term partnership between Kazakhstan and Goldman Sachs, a leading American investment bank.President Tokayev emphasized that Kazakhstan, which is striving to transform into a fully digital state, is interested in cooperation in the fields of artificial intelligence and the digitalization of the financial ecosystem.In his turn, Jared Cohen shared insights into the operation of the Goldman Sachs Digital Asset Platform.Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074466?lang=kk
President Kassym-Jomart Tokayev met with David Zapolsky, Amazon Senior Vice President and Chief Global Affairs & Legal Officer 14.10.2025
September 22, 2025, New York – President Kassym-Jomart Tokayev met with David Zapolsky, Amazon Senior Vice President and Chief Global Affairs & Legal Officer.During the meeting, President Kassym-Jomart Tokayev and David Zapolsky discussed prospects for cooperation in the areas of digitalization, connectivity, and artificial intelligence.President Tokayev welcomed Amazon’s plans to implement joint projects with Kazakhstan’s Ministry of Artificial Intelligence and Digital Development and JSC Kazakhtelecom.The partnership covers such strategically important areas as expanding access to high-speed broadband internet across the country and strengthening cybersecurity.Amazon views Kazakhstan not only as a key platform for national projects but also as a potential regional hub for satellite communications.As part of President Kassym-Jomart Tokayev’s working visit to New York, JSC Kazakhtelecom and Amazon Kuiper signed a distribution agreement to provide access to the Kuiper satellite network.Under this agreement, Amazon Kuiper intends to deploy its own ground infrastructure in Almaty, Akkol, and Aktau, with planned investments of about $200 million.The project is being implemented in line with President Kassym-Jomart Tokayev’s instruction to develop digital infrastructure and ensure equal access to modern telecommunications services for all regions of the country.Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074470?lang=kk
President Tokayev met with Frank Bruno, Chief Executive Officer & Chief Investment Officer of Cerberus Capital Management 14.10.2025
September 22, 2025, New York – President Tokayev met with Frank Bruno, Chief Executive Officer & Chief Investment Officer of Cerberus Capital Management.President Kassym-Jomart Tokayev praised the global leadership of Cerberus Capital Management in investment management, welcoming the company’s interest in financing infrastructure projects under the Trans-Caspian International Transport Route (TITR) development. According to the President, the company’s strategy aligns closely with Kazakhstan’s priorities for diversifying the national economy. Our country has actively begun expanding the route’s throughput capacity, attracting investments in transport and logistics infrastructure.The Head of State also noted that the signing of the historic agreement between Azerbaijan and Armenia in Washington has positively impacted the growing importance of the Middle Corridor as a key trade route. Over the past five years, the volume of freight traffic along the TITR has increased sixfold.In addition, Kassym-Jomart Tokayev invited Cerberus to participate in Kazakhstan’s digital initiatives, highlighting the company’s significant experience in scaling technological platforms and digital ecosystems.Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074471?lang=kk
The Head of State met with Yann LeCun, Vice President of Meta 14.10.2025
September 22, 2025, New York – The Head of State met with Yann LeCun, Vice President of Meta.President Kassym-Jomart Tokayev held talks with Yann LeCun, Vice President & Chief AI Scientist at Meta, exchanging views on the development and application of innovative technologies.The Head of State praised Yann LeCun’s pioneering achievements in the field of neural networks and acknowledged his significant contribution to the advancement of artificial intelligence.The President stressed that Kazakhstan regards comprehensive digitalization and the broad use of AI as key drivers of national development, while making considerable efforts to build its own AI ecosystem and a large language model for the Kazakh language (KazLLM).Kassym-Jomart Tokayev also welcomed the earlier agreement signed with Meta Platforms Inc. to launch a joint accelerator program for AI technologies in Kazakhstan and expressed readiness to further strengthen mutually beneficial cooperation with the global tech giant.Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074473?lang=kk
President Kassym-Jomart Tokayev met with U.S. Special Envoy for South and Central Asia Sergio Gor 14.10.2025
September 23, 2025, New York – President Kassym-Jomart Tokayev met with U.S. Special Envoy for South and Central Asia Sergio Gor.The President congratulated Sergio Gor on his appointment as U.S. Special Envoy for South and Central Asia and U.S. Ambassador to India, noting that the Government of Kazakhstan will provide full support for his mission.Kassym-Jomart Tokayev expressed readiness to continue a results-oriented dialogue aimed at further strengthening the Kazakhstan–U.S. strategic partnership.Special attention during the talks was devoted to the development of trade and economic cooperation. The President emphasized that Kazakhstan is a key economic partner of the United States in Central Asia.They also exchanged views on pressing issues of the international and regional agenda.Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074474?lang=kk
A number of agreements signed with U.S. company Wabtec 14.10.2025
September 23, 2025, New York – A number of agreements signed with U.S. company Wabtec.As part of President Kassym-Jomart Tokayev’s working visit to the United States, a signing ceremony was held in the presence of U.S. Secretary of Commerce Howard Lutnick with the American company Wabtec, amounting to approximately $4.2 billion. The agreements provide for the production of 300 advanced freight locomotives in Kazakhstan and their subsequent maintenance.Recognized as a global leader in transport technologies, Wabtec is one of the key partners in modernizing Kazakhstan’s railway industry.Since 2009, the Wabtec Kazakhstan locomotive assembly plant has been successfully operating in Astana. Over this period, the company has invested more than $230 million. Since its launch, the plant has produced more than 600 locomotives for the national railway company Kazakhstan Temir Zholy and for export. The localization level of production has reached 45%.In July 2024, Wabtec opened a technology and engineering center in Kazakhstan, which has become a hub for innovation and workforce training. Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074475?lang=kk
President Tokayev held a meeting with U.S. Secretary of Commerce Howard Lutnick 14.10.2025
September 23, 2025, New York – President Tokayev held a meeting with U.S. Secretary of Commerce Howard Lutnick.President Kassym-Jomart Tokayev and U.S. Secretary of Commerce Howard Lutnick discussed a wide range of issues related to bilateral trade and economic cooperation.President Tokayev emphasized that Kazakhstan attaches particular importance to strengthening cooperation with the United States, which is also one of the country’s key investment partners.He noted that Kazakhstan has established a favorable regime for foreign investors, stressing that U.S. businesses have broad opportunities across various sectors, including energy, transport and logistics, digitalization, and agriculture.For his part, Secretary Lutnick expressed the United States’ interest in further advancing joint trade, economic, industrial, transport and logistics, and investment projects with Kazakhstan. Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074476?lang=kk
President met with Stephen Schwarzman, Chairman and Co-Founder of Blackstone 14.10.2025
September 23, 2025, New York – President met with Stephen Schwarzman, Chairman and Co-Founder of Blackstone.President Kassym-Jomart Tokayev and Stephen Schwarzman discussed priority areas of mutually beneficial investment cooperation.The President noted that Blackstone’s large-scale investment strategy in infrastructure and technology development closely aligns with Kazakhstan’s national priorities in economic diversification, innovation, and sustainable growth.In this context, President Tokayev elaborated on the strategic goal of transforming Kazakhstan into a fully digital nation.During the talks, the Head of State proposed that Blackstone consider implementing joint projects on building data centers in Kazakhstan, as well as exploring opportunities for cooperation in asset management through financing technology and fast-growing companies in the country.Blackstone is the world’s largest investment company, with a market capitalization exceeding $218 billion.Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074477?lang=kk
The President held a meeting with Suzanne Clark, CEO of the U.S. Chamber of Commerce 14.10.2025
September 23, 2025, New York – The President held a meeting with Suzanne Clark, CEO of the U.S. Chamber of Commerce.During the meeting, they discussed ways to establish long-term cooperation aimed at increasing bilateral trade.President Kassym-Jomart Tokayev welcomed the results of the recent high-level U.S. trade and investment mission to Kazakhstan, noting that our country is a key partner of the United States in Central Asia. He emphasized Kazakhstan’s commitment to building effective engagement with the U.S. Government and the business community.In this context, Kassym-Jomart Tokayev highly valued the substance of his conversation with President Donald Trump, as well as his meetings with U.S. Secretary of Commerce Howard Lutnick and the leadership of several major U.S. companies.In turn, Suzanne Clark reaffirmed the significant potential for further expansion of economic cooperation.The meeting participants reviewed prospects for implementing joint projects in various sectors of the economy.Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074479?lang=kk
President Tokayev Met with the UN Secretary-General 14.10.2025
September 23, 2025, New York - President of Kazakhstan Kassym-Jomart Tokayev held a meeting with United Nations Secretary-General António Guterres, during which the parties discussed the agenda of the UN General Assembly session.President Tokayev reaffirmed Kazakhstan’s continued support for the Organization and its commitment to actively contributing to the UN’s central role in promoting peace, stability, and sustainable development.As part of the meeting, a Memorandum on the functioning of the UN Regional Centre for Sustainable Development Goals for Central Asia and Afghanistan was signed in the presence of the President and the Secretary-General. Source : https://www.gov.kz/memleket/entities/mfa-washington/press/news/details/1074483?lang=kk
The President of Kazakhstan held a series of bilateral meetings on the margins of the 80th session of the UN General Assembly 14.10.2025
New York, 22 September 2025 - President of the Republic of Kazakhstan H.E. Mr. Kassym-Jomart Tokayev held a series of bilateral meetings on the margins of the 80th session of the United Nations General Assembly.In his meeting with President of Montenegro H.E. Mr. Jakov Milatović, the Head of State emphasized that Kazakhstan regards Montenegro as an important partner in the Balkans. Next year, the two countries will mark the 20th anniversary of the establishment of diplomatic relations, during which time constructive ties based on friendship and mutual understanding have been forged. For his part, President Milatović expressed gratitude for Kazakhstan’s contribution to strengthening bilateral cooperation and noted the growing interest of Kazakh tourists in Montenegro. The launch of direct flights between Almaty and Podgorica, as well as the introduction of a visa-free regime for citizens of Kazakhstan, has further deepened people-to-people contacts.President Kassym-Jomart Tokayev also held talks with President of Ukraine H.E. Mr. Volodymyr Zelenskyy. The two leaders discussed prospects for economic and humanitarian cooperation. President Zelenskyy presented his views on the situation in Ukraine, while President Tokayev underscored the importance of continuing diplomatic efforts aimed at seeking ways to end the conflict and achieve lasting peace.The Head of State further met with President of the European Council H.E. Mr. António Costa. During the talks, the parties commended the dynamic development of political dialogue, which contributes to the advancement of trade, economic, investment, and cultural-humanitarian ties between Kazakhstan and the European Union. President Tokayev reaffirmed Kazakhstan’s firm commitment to strengthening its partnership with the EU both bilaterally and within the C5+EU format. The two sides also exchanged views on pressing issues of the international and regional agenda and agreed to maintain close contacts in order to expand mutually beneficial cooperation.Source : https://www.gov.kz/memleket/entities/mfa-kazakhstanun/press/news/details/1074485?lang=kk
A consultation was held for entrepreneurs 14.10.2025
As part of the implementation of the "Law and Order" ideology, on September 24, 2025, the head of the Intellectual Property Rights Department, Dinara Khusainova, held a consultation for entrepreneurs on the use of trademarks in business activities, types of liability for illegal use and methods of protection. Press ServiceDepartment of JusticeKostanay region Source : https://www.gov.kz/memleket/entities/adilet-kst/press/news/details/1074490?lang=kk
Round table on the issues of re-registration of apartment owners' cooperatives 14.10.2025
As part of the implementation of the "Law and Order" ideology, the Justice Department of Kostanay region, together with the Department of Energy and Housing and Communal Services of the Akimat of Kostanay region, as well as the housing relations departments of Kostanay and Rudny, held a round table on the re-registration of apartment owners' cooperatives.The main topic of the event was the implementation of amendments to the Law of the Republic of Kazakhstan "On Housing Relations", which entered into force on September 17, 2025.Special attention was paid to the changes concerning the re-registration of PKSK and KSK.During the event, the participants were given answers to all their questions. Press ServiceDepartment of JusticeKostanay region Source : https://www.gov.kz/memleket/entities/adilet-kst/press/news/details/1074491?lang=kk
Explanatory work with young people 14.10.2025
As part of the implementation of the ideology of "Law and Order", the legal community of Kostanay region conducts explanatory work with young people on topical issues such as droppery.During the lecture, the students were told:- who are the droppers;- how can young people accidentally get into a criminal scheme;- what kind of criminal liability is provided for participation in such actions;- how to protect yourself from being involved in illegal schemes.The event is held in the format of a live dialogue: students ask questions, share their opinions and receive valuable recommendations from representatives of the legal community. Press ServiceDepartment of JusticeKostanay region Source : https://www.gov.kz/memleket/entities/adilet-kst/press/news/details/1074495?lang=kk
President Tokayev held a series of bilateral meetings on the margins of the 80th session of the UN General Assembly 14.10.2025
New York, 23 September 2025 - President of the Republic of Kazakhstan H.E. Mr. Kassym-Jomart Tokayev held a series of bilateral meetings on the margins of the 80th session of the United Nations General Assembly.The Head of State met with Prime Minister of Luxembourg H.E. Mr. Luc Frieden. The talks covered a wide range of issues of bilateral cooperation. President Tokayev emphasized that Kazakhstan and Luxembourg have long maintained friendly and constructive relations. Particular attention was paid to enhancing trade and investment interaction, as well as to the prospects for implementing joint initiatives in the fields of digitalization and financial technologies. The two leaders agreed to intensify contacts between the business communities of both countries for these purposes.President Tokayev then held a meeting with H.S.H. Prince Albert II of Monaco in New York. The two sides noted the dynamic development of relations between Kazakhstan and Monaco and highlighted the significant potential for expanding trade, economic, investment, and cultural-humanitarian cooperation. The Head of State invited Prince Albert II to pay an official visit to Kazakhstan. The parties also exchanged views on pressing issues of the international agenda.Continuing the series of meetings, President Tokayev held talks with President of Finland H.E. Mr. Alexander Stubb. The two leaders discussed bilateral cooperation as well as international issues. President Tokayev stressed that a fruitful political dialogue at the highest level plays an important role in strengthening relations between the two countries. In this regard, he expressed confidence that the upcoming visit of the Finnish leader to Kazakhstan would give an additional impetus to the development of trade, economic, investment, and humanitarian cooperation. The discussions also focused on the current geopolitical situation in the world.The Head of State also met with Prime Minister of Belgium H.E. Mr. Bart De Wever. President Tokayev emphasized that Kazakhstan attaches great importance to developing long-term cooperation with Belgium, one of its key partners in the European Union. He noted that Belgium ranks among Kazakhstan’s top ten investors, with bilateral trade reaching nearly half a billion US dollars last year. The talks underlined the considerable potential for further strengthening economic relations, particularly in the areas of critical minerals, petrochemicals, agriculture, industry, transport and logistics, artificial intelligence, finance, tourism, and education. Prime Minister Bart De Wever expressed gratitude for the meaningful exchange of views and conveyed the warm regards of King Philippe to the President of Kazakhstan.Source : https://www.gov.kz/memleket/entities/mfa-kazakhstanun/press/news/details/1074497?lang=kk
Ethics Commissioner of the Department of State Revenue for Kostanay region -Tolendy Nurdauletovich Kerimbekov 14.10.2025
An ethics commissioner has been appointed in the Department of State Revenue for Kostanay region.This position will be held by the deputy head of the DGD, Tolenda Nurdauletovich Kerimbekov.The Ethics Commissioner is responsible for upholding the principles of public service, creating a positive image, strengthening trust in state revenue authorities, and preventing violations of ethical standards.#DGD #ethics #Kostanay #civil service #transparency #Kostanay #memkyzmet #ethics Source : https://www.gov.kz/memleket/entities/kgd-kostanay/press/news/details/1074503?lang=kk
Dear taxpayers and participants of foreign economic activity! 14.10.2025
Please note that according to part 3 of Article 69 of the Administrative Procedural Procedure Code of the Republic of Kazakhstan, applications received regarding the provision of public services are not subject to registration in the Electronic Appeals information analytical system.In this regard, requests for the provision of public services submitted through the E-Atinish platform are not subject to accounting and consideration, with the exception of requests provided for in subparagraph 3) paragraph 1 of Article 4 of the Law of the Republic of Kazakhstan "On Public Services".Receiving public services in electronic form is carried out exclusively through the Public Services service of the egov e-Government portal.kz and information systems of state revenue authorities (Taxpayer's Office, Keden, Astana-1 and other services).Source : https://www.gov.kz/memleket/entities/kgd-karaganda/press/news/details/1074508?lang=kk
The new Tax Code of the Republic of Kazakhstan cancels the withholding of individual income tax from pension payments from the UAPF for residents of the Republic of Kazakhstan Current questions about the UAPF 14.10.2025
What portion of a pension is currently taxed in Kazakhstan and what portion is not?In Kazakhstan, pension benefits from the state budget are tax-exempt, while benefits from the Unified Accumulative Pension Fund (UAPF) are taxable. According to the current Tax Code, pension benefits from the UAPF are considered income subject to individual income tax (IIT) at a rate of 10% at source. This means that pension contributions are transferred to individual pension savings accounts before tax. IIT is withheld upon payment. IIT is withheld collectively from all types of pension benefits, including compulsory pension contributions (CPC), compulsory occupational pension contributions (COPC), and voluntary pension contributions (VPC). Adjustments and tax deductions are also taken into account.However, this situation will only last until the end of 2025. As a reminder, the new Tax Code will come into effect on January 1, 2026, and, according to it, IIT will not be withheld from pension benefit payments from the UAPF. What changes have been made to the new Tax Code of the Republic of Kazakhstan regarding individual income tax (IIT) on pension benefits? According to the new Tax Code of the Republic of Kazakhstan, from 01.01.2026, individual income tax (IIT) will not be withheld from all types of pension payments, as well as from lump-sum pension benefit payments (LSPBP) for housing and/or medical treatment, except for cases when the recipient is not a resident of the Republic of Kazakhstan. The changes also include the cancellation from January 1, 2026 of accrued obligations to pay IIT from LSPBP for housing/treatment, deferred until pension payments are received according to the schedule. Will the IIT withheld before January 1, 2026 be refunded? The provisions of the new Tax Code do not provide for the return of previously withheld IIT.Let us clarify that according to the current Tax Code, when using lump-sum pension benefit payments for housing/treatment, IIT is withheld. At the same time, there are two ways to withhold it at the recipient's choice: immediately upon receipt of the LSPBP or with a deferment until retirement. In connection with the introduction of the new Tax Code from 01.01.2026, if the contributor pays IIT earlier, it will not be returned, and the obligations for the deferred IIT will be written off. Let us note that until December 31, 2025 inclusive, the calculation, withholding and payment of IIT from pension payments and EPO from UAPF will be carried out in the current mode If the beneficiary has reached retirement age and is paying IIT, will the IIT deduction continue from 1 January 2026? The provisions of the new Tax Code provide for the exemption from January 1, 2026, of income in the form of pension payments, lump sum pension benefit payments from UAPF from individual income tax, with the exception of pension benefit payments from UAPF made to non-residents of the Republic of Kazakhstan. How will the rules on tax deductions for voluntary pension contributions change? The changes include the abolition of tax deductions on voluntary pension contributions made in one's own favor from January 1, 2026. However, like other types of payments from the UAPF, pension benefits from the VPC will be exempt from IIT.At the same time, the rule will remain that voluntary pension contributions transferred by a tax agent to the UAPF in favor of an employee are not an individual's income (and therefore are not subject to IIT), and for the employer, such expenses are deductible when calculating corporate income tax. That is, in this case, both the employee and the employer receive tax benefits. UAPF was founded on August 22, 2013 on the basis of GNPF APF JSC. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Institution Committee of State Property and Privatization of the Ministry of Finance of the Republic of Kazakhstan. Trust management of UAPF pension assets is carried out by the National Bank of the Republic of Kazakhstan. In accordance with the pension legislation, the UAPF attracts compulsory pension contributions, employer’s compulsory pension contributions, compulsory occupational pension contributions, voluntary pension contributions, as well as carries out enrollment and accounting of voluntary pension contributions formed at the expense of the unclaimed amount of guaranteed compensation for the guaranteed deposit, transferred by the organization carrying out mandatory guarantee of deposits, in accordance with the Law of the Republic of Kazakhstan "On mandatory guarantee of deposits placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension benefits. The Fund also carries out accounting of target assets and target requirements, accounting and crediting of target savings (TS) to target savings accounts, payments of TS to their recipients in bank accounts, accounting for returns of TS in the manner determined by the Government of the Republic of Kazakhstan within the framework of the National Fund for Children program (More details at www.enpf.kz) Source : https://www.gov.kz/memleket/entities/kostanai-mendykarin-audany-akimat/press/news/details/1074523?lang=kk
IMPORTANT INFORMATION FOR EAEU BUSINESS: IMPORT LICENSING IN ARMENIA! 14.10.2025
The Department of State Revenue for the Zhetisu region informs participants of foreign trade activities about the new rules established by the Republic of Armenia within the EAEU.The Government of the Republic of Armenia has introduced temporary licensing of import of steel reinforcement!📌 Starting from August 11, 2025, a compulsory licensing procedure for import of steel fittings, classified in commodity positions 7214 and 7215 of the HS classifier of the EAEU, into the Republic of Armenia has been introduced.📅 Resolution of the Government of the Republic of Armenia No. 1077-N of August 7, 2025 is valid from August 11, 2025 to February 11, 2026.- The license is mandatory when importing under customs procedures:- “Release for domestic consumption”- “Processing on the customs territory”- “Processing for domestic consumption”.- Authorized Body: Ministry of Economy of the Republic of Armenia.- The license is issued for each weight up to one ton.- Term of license issuance: 3 working days from the day of receipt of the application.❗️ Take this requirement into account when planning to export steel reinforcement to Armenia! #EAEC #Armenia #Customs #DGJetisu #Import #Licensing #SteelFittings Source : https://www.gov.kz/memleket/entities/kgd-zhetysu/press/news/details/1074525?lang=kk
"Open Day" at UAPF JSC: Amendments to the Tax Code of the Republic of Kazakhstan on taxation of lump-sum pension payments. Digital UAPF, everything for the convenience of depositors 14.10.2025
On September 24, 2025, as part of the information and explanatory work among the population, an Open Day was held in all branches of UAPF JSC in an online format. As you know, the new Tax Code of the Republic of Kazakhstan comes into force on January 01, 2026, which provides for the exemption of income in the form of pension payments, one-time pension payments for housing/medical treatment (EPO) from the UAPF from individual income tax (IIT), with the exception of pension payments from the UAPF made to non-residents of the Republic of Kazakhstan. The changes also include the abolition, from January 1, 2026, of tax deductions for voluntary pension contributions made in one's own favor, which are applied in the amounts established by the Tax Code to income subject to withholding tax. At the same time, the rule will remain that voluntary pension contributions transferred by a tax agent to the UAPF in favor of an employee are not an individual's income (respectively, they are not subject to personal income tax), and for an employer such expenses are deductible when calculating corporate income tax. That is, in this case, both the employee and the employer receive tax benefits.During the meeting, the Fund's specialists provided the participants with more detailed information about the main provisions of the new Tax Code of the Republic of Kazakhstan regarding pension payments, as well as introduced the UAPF services provided in digital format. In addition, the UAPF staff held individual consultations with those who wished, during which questions were raised not only on the given topic, but also related to the pension system of Kazakhstan as a whole. The online meeting aroused great interest and, according to the feedback from the participants, was useful and productive. We remind you that depositors can always get advice on pension system issues both at UAPF branches and online: on the website enpf.kz , in messengers and social networks. How to do this was also discussed at the event. The UAPF was established on August 22, 2013 on the basis of JSC NPF GNPF. The founder and shareholder of the UAPF is the Government of the Republic of Kazakhstan represented by the State Property and Privatization Committee of the Ministry of Finance of the Republic of Kazakhstan. The trust management of pension assets of the UAPF is carried out by the National Bank of the Republic of Kazakhstan. In accordance with pension legislation, the UAPF attracts mandatory pension contributions, mandatory employer pension contributions, mandatory occupational pension contributions, voluntary pension contributions, as well as crediting and accounting for voluntary pension contributions formed from the unclaimed amount of guaranteed compensation for a guaranteed deposit transferred by an organization providing mandatory deposit guarantee in accordance with the Law of the Republic of Kazakhstan. "On mandatory deposit guarantee, placed in second-tier banks of the Republic of Kazakhstan", ensures the implementation of pension payments. The Fund also records target assets and target requirements, records and transfers target savings (TS) to target savings accounts, payments of TS to their recipient to bank accounts, and records returns of TS in accordance with the procedure established by the Government of the Republic of Kazakhstan under the National Fund for Children program. (For more information on www.enpf.kz ).Source : https://www.gov.kz/memleket/entities/abay-kurchatov/press/news/details/1077563?lang=kk