04.02.2010, 18:21 2640

President signed amendments to legislation concerning state financial reserve

The head of state, Nursultan Nazarbayev, signed the law on the amendments and additions to some acts of Kazakhstan concerning the state financial reserves, the agency reports citing the president's press service.

Astana. February 4. Kazakhstan Today - The head of state, Nursultan Nazarbayev, signed the law on the amendments and additions to some acts of Kazakhstan concerning the state financial reserves, the agency reports citing the president's press service.

The law is directed at further modernization of the system of formation, storage and use of financial assets of the state reserves.

As informed earlier, according to the conclusion of the Senate Committee for International Relations, Defense and Security, the main objective of the law is bringing the Laws on State Financial Reserve and on State Secrets in conformity with the conceptual approaches of development of the system of the state financial reserves and elimination of some deficiencies in the legal system.

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