SDG-16: KazNU students received advice on the “National Fund for Children” project

On February 7, an important information meeting for students was held at Al-Farabi Kazakh National University. Representatives of Otbasy Bank were specially invited to this event and explained in detail to students about the “National Fund for Children” project. Students of the Faculty of Philosophy and Political Science born in 2006-2007 attended the meeting and got acquainted with the new financial opportunities provided within the framework of the project.

During the meeting, specialists from Otbasy Bank provided detailed information about the main directions of the “National Fund for Children” project, launched in 2024. This initiative will allow children and adolescents under the age of 18 in Kazakhstan to open special savings accounts. As part of the project, a certain amount of funds is allocated from the National Fund annually, which will be spent on the important needs of children in the future. In particular, these funds will be directed to education, the purchase of housing, financing medical services and other socially important needs.

During the event, students not only received detailed information about the project, but also had the opportunity to improve their financial literacy. Many of them noted that this project is important for future financial stability. The participants of the meeting understood that they need a savings account and received specific instructions on how to open one. And for students who do not yet have a savings account, the opportunity to open a new account was offered, and bank representatives explained the procedure in detail.

This information meeting was one of the important measures that helped young people understand the basics of financial planning, effectively use the support provided by the state and take a confident step towards their future. Such meetings will undoubtedly greatly contribute to improving financial literacy and helping the younger generation to look confidently at their future lives.