13.10.2006, 15:50 2830

Science Fund to be created in Kazakhstan

Science Fund to be created in Kazakhstan

Almaty. October 13. Kazakhstan Today - Fund for financing scientific development will be created, the President of the country Nursultan Nazarbayev informed today in Almaty.

"To finance and coordinate project development Science Fund - joint-stock company with absolute participation of the state will be created," N. Nazarbayev said at the session of the National Academy of Sciences of the Republic devoted to its 60-year anniversary. According to the President, "the Fund will deal with financing and monitoring of project development."

The President informed that grant financing of scientific and technical activity through the created Science Fund at the level of 2 billion KZT in 2007has been allocated. This sum will make the tenth part of all volume of financing of science in the Republic, Kazakh Leader emphasized.

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