PM urges recommendations on how to attract foreign companies' resources into domestic banks
ASTANA. August 18. KAZINFORM /Muratbek Makulbekov/ Prime Minister Karim Massimov urged to elaborate recommendations on attraction of financial assets of foreign companies operating in Kazakhstan into domestic banks.
Besides the share of Kazakhstan in the procurements performed by foreign companies operating in the country must be increased, it is necessary to determine the mandatory amount of the financial resources these companies should have in the Kazakhstani banks.
The Financial Supervision Agency and National Bank along with the Kazakhstani representatives of the large foreign companies must elaborate relevant recommendations. Vice Prime Minister Serik Akhmetov was instructed to control this issue.
"This work must be started now. We will consider these proposals at the Government sitting", - the Prime Minister said.
Resourse: KAZINFORM