(gazeta.kz) - Nursultan Nazarbayev, President of Kazakhstan, has signed the law "On guaranteed transfer from the National Fund of the Republic of Kazakhstan in 2007 - 2009", Kazakhstan Today reports citing the presidential press service.
The law was prepared in relation with adoption of a new concept of formation and use of the National Fund money. As per the concept, the guaranteed transfer from the National Fund is used only for the development budget financing, reports Trend.
The norms of the law suggest definition of a guaranteed transfer from the National Fund for 2007 in the amount of 301,716 million KZT, for 2008 - 341,431 million KZT, for 2009 - 337,027 million KZT.