Kazakhstanis withdraw $721B tenge early from pension savings for housing upgrades
Over 138,900 Kazakhstanis have successfully withdrawn a combined total of 721.7 billion tenge from their pension savings early. The majority, 99.7%, plan to use these funds to enhance their housing conditions.
The Mangystau region and the cities of Almaty and Nur-Sultan accounted for a significant 62.5% of these total withdrawals. Meanwhile, the pension savings of 402 citizens, amounting to 936.3 million tenge, have been transferred to four managing companies. The specific management companies involved are not detailed in the provided information.
The early withdrawal of pension savings in Kazakhstan has seen a substantial amount, over 721 billion tenge, disbursed to beneficiaries. The majority of these funds will be invested in improving housing conditions across the country.
