Tokayev gave instructions to the national Bank

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Kassym-Jomart Tokayevhas received information about the performance of implementing monetary policy for the first 10 months of 2019: preliminary estimates of balance of payments the gold and foreign exchange reserves of the National Bank and assets of the National Fund, as well as the development of the financial market of the country, the press service informs.

The Minister also reported on implementation of programs of mortgage housing crediting “7-20-25”, a preferential lending to the priority sectors of the economy, an independent assessment of the quality of assets of second tier banks.

Tobesides, was discussed the course of execution of the order glava of the state on increase of efficiency of management of pension assets and the transfer of management to private companies. Following the meeting president gave the national Bank a number of instructions.

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