Kazakh Senate returns National Fund Child Payment Law to Mazhilis for revision

Kazakh Senate returns National Fund Child Payment Law to Mazhilis for revision

Members of the Senate, the Upper House of the Kazakh Parliament, returned the draft law on child payments from the National Fund. The document was sent back for revision to the Mazhilis with 10 clarifying amendments. It is worth noting that the main purpose of the bill is to support the younger generation. The government will transfer money savings to special accounts for children. Upon reaching the age of 18, the funds can be used to improve living conditions or pursue education.

“The initiative on fair distribution of national income is a significant step towards the formation of a Just Kazakhstan. The amendments introduced by the Senate are aimed at further enhancing specific provisions of the document. Overall, we believe that this law will open up new opportunities to support the younger generation,” said Maulen Ashimbayev, Chairperson of the Senate, the Upper House of the Kazakh Parliament.