According to the website of the Kazakhstan Stock Exchange (KASE), in 2023, the state-run Samruk-Kazyna fund reported a consolidated net revenue of 1.698 trillion tenge ($3.4 billion).
From this amount, the fund will allocate $100 million to the Kazakhstan Halkyna charity fund. The remaining undistributed revenue will be retained by the fund and its subsidiaries for «financing investment programs, satisfying payment obligations and acquiring assets.» This means that Samruk-Kazyna has opted not to pay dividends to the government, its sole shareholder, for 2023.
In January, the fund transferred a record-high dividend payment of $478.7 million for 2022. In total, Samruk-Kazyna...