OREANDA-NEWS. February 15, 2013. Chairman of the board of the Fund Umirzak Shukeyev had made it public at  session of the board attended by Prime Minister Serik Akhmetov.

“Samruk-Kazyna” National Welfare Fund has developed a cost reduction program for the Fund’s companies allowing to cut down expenses by 70 billion tenge over 3 years. Chairman of the board of the Fund Umirzak Shukeyev had made it public at today’s session of the board attended by Prime Minister Serik Akhmetov.

“In 2012, the Fund began the work on improvement of control over expenses. Special program aimed to cut down expenses in the Fund’s companies by 70 billion tenge over the next three years was developed,” U.Shukeyev said. He also told that the Fund implements a three-year program on administrative and managerial staff right-sizing.