Kazakh President receives National Bank Governor

Kazakh President receives National Bank Governor

In 2024, the National Fund’s income from asset management reached $4.5 billion, while the National Bank's gross gold and foreign exchange reserves totaled $45.8 billion, reflecting a growth of over 27 percent. Today, Timur Suleimenov, the governor of the National Bank of Kazakhstan, reported to President Kassym-Jomart Tokayev on the results of monetary policy implementation in 2024 and outlined plans for 2025. The Head of State was also briefed on the current state of the country's economy and financial system. Suleimenov discussed the stability of the banking sector, the continued sustainable growth of the deposit base, the development of the National Digital Financial Infrastructure, and the activities of the Anti-Fraud Center. Following the meeting, President Tokayev emphasized the importance of stabilizing inflation and closely coordinating the macroeconomic policies of the National Bank and the government.