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President Japarov Signs Bill to Invest Pension Funds in Precious Metals

in Economy / Kyrgyzstan - by


The Social Fund will be able to invest the funds of the Accumulative Pension Fund in gold, silver, and platinum. The corresponding bill was signed by President Sadyr Japarov.

Previously, the Social Fund invested the funds of the Pension Fund in the securities of the National Bank. To ensure growth and preservation of the Pension Fund's money, the government has initiated a bill allowing them to also be invested in precious metals.