Слайд 1Finance
Тheme 13.
“State off-budget funds”
Aigul Shamilevna Omarova, DBA
Слайд 2Content
Essence off-budgets funds
Off-budget funds of social purpose
Off- budget funds of
economic purpose
National Fund of Republic of Kazakhstan
Слайд 3Essence off-budgets funds
Off-budget funds- set of the money resources used
by the state on strict definite purposes and available legislatively
fixed sources of formation.
Off- budget funds are classified into following attributes:
to a target attribute- on social, economic, cultural purpose, etc.
on a level of management- interstate, state, regional(local)
Слайд 42.Off-budget funds
of social purpose
Unified Accumulative Pensions Fund- legal person
who carries out activity on attraction of pension payments of
depositors and pension payments to the addresses in the order, established by the legislation of RK and also carrying out activity on formation of pension assets and investing them in state securities, bank deposits, securities of international financial organizations.
Non state accumulated pensions funds are also functioning in the RK.
Слайд 5The investor of obligatory pension payments- physical persons who concluded
the contract about pension provision at the expense of obligatory
pension payments and having the individual pension account in accumulated pension fund.
The obligatory pension payments subject to payment in accumulated pension funds are established from the monthly income of works, accepted for calculation of pension payments.
Слайд 6The State Fund of Social Insurance- noncommercial organization in the
form of joint-stock company, unique founder and which participant is
the state.
The basic purpose of activity of Fund- is accumulating of obligatory social deductions of the participants of system of obligatory social insurance and maintenance of social payments.
Слайд 73. Off- budget funds
of economic purpose
Fund of national well-being-
joint-stock company “Samruk-Kazyna” established in 2008.
The basic purpose of activity-
is management belonging to it on the property right share holdings( shares of participation)national institutes of development, national companies and other legal for maximization of their long-term value and increase of competitiveness in the world markets.
The basic directions of activity of Fund are:
Assistance in modernization and diversification of national economy
Assistance in stabilization of a national economy
Effectiveness of activity of companies.
Слайд 8Innovation Fund of Kazakhstan- JSC “Republican Innovations Fund” is created
with the purpose of development of innovation activity in RK,
realization of mechanism of returnable financing of innovational jobs and assistance in creation scientific- capacious manufactures.
The formation of Innovation Fund should decide a problems of absence of effective and market mechanisms of introduction innovations, stimulate venture financing.
Слайд 9Entrepreneurship Development Fund (JSC DAMU). The basic activity of the
specified Fund is directed on granting of credits on projects
of small and medium business entities for development and improvement of activity in different fields of economy.
Слайд 104. National Fund of Republic of Kazakhstan
(established in 2001 )
The
National Fund of RK represents financial assets of the states
concentrated on the account of Government of RK in national Bank of RK and also as other property except for nonmaterial assets.
The Fund is intended for maintenance of stable socio economic development of the state, accumulation of financial assets and other property, decrease independence of economy from raw sector and influence of the adverse external factors.
The National Fund carries out saving and stabilization functions.
Слайд 11Sources of formation of National Fund are:
Receipts in National Fund
(taxes and other receipts from organizations of petroleum sector)
Investment incomes
of management of National Fund of RK- formed from financial assets and other property
Other receipts and incomes
Guaranteed transfer- irretrievable receipts in the republican budget from national Fund of RK.