About 20 billion tenge to allocate from the budget for the following three years for the creating and operation of financial institutions. This was reported by the head of the International Financial Center "Astana" Kairat Kelimbetov.

"Wе are planning to get 20 billion tenge from the budget for the next three years to establish and manage financial institutions. IFCA will be able to substantiate itself within 3-5 years and further reduce this amount of money. After that, we are considering the possibility of attracting investments which are not dependent of the budget. Moreover, in the following three years it is expected that making profit 3-5 billion dollars to Kazakhstan. This is our pessimistic assessment. Further, we plan to raise this amount to 40 billion dollars in 10 years ", - noted Kelimbetov.

Additionly, he mentinoted that "Air Astana", the national company "Kazatomprom" and SPO "Kazakhtelecom" will enter the IPO in the fourth quarter of 2018 on the area of the IFCA .

As for the issue of the national cryptographiccurrency, this process is still under investigation, and no one has made a final decision. This is possession of National Bank.

Kelimbetov also told that the investment bank Goldman Sachs and the company Silk Road are interested in becoming an investor for the International Financial Center "Astana".

The official presentation of the International Financial Center "Astana" is scheduled for July 5, 2018. This day coincides with the day of the capital and the birthday of President Nursultan Nazarbayev.

Translated by Nazerke Syundyukova

“The Qazaq Times”