SDG-16: An information meeting was held on the project «National Fund for Children»

On February 12, an information meeting on the «National Fund for Children» project was held at Al-Farabi Kazakh National University with the participation of representatives of «Otbasy Bank». Students of the Faculty of Biology and Biotechnology born in 2006-2007 attended the event and received answers to their questions.

The «National Fund for Children project, which will be implemented from 2024, envisages opening special savings accounts for children and adolescents under the age of 18 in the country. Within the framework of the project, a certain amount of funds will be allocated from the National Fund annually, which will be directed to children’s education, purchase of housing, medical services and other important needs.

During the meeting, «Otbasy Bank» specialists paid special attention to students born in 2006-2007, as they will soon turn 18 and will have the opportunity to use the accumulated funds for tuition fees, purchase of housing or other purposes. The specialists explained to students how to open savings accounts and effectively use funds, and answered the participants’ questions in detail.

The students highly appreciated the meeting and noted that they received useful information about their savings and the possibilities of using them in the future. In addition, students who did not have a savings account were offered the opportunity to open a new account, and bank representatives explained the procedure for its registration.

This information event was an important step in helping students improve their financial literacy and effectively manage the funds allocated by the state.