Kazakhstan to cut National Fund transfer to budget in 2022

NUR-SULTAN- Kazakhstan plans to reduce the transfer from its rainy-day National Fund to the state budget to 2.4 trillion tenge ($5.62 billion) in 2022 from this year's 2.7 trillion tenge, Finance Minister Yerulan Zhamaubayev said on Tuesday.

The oil-exporting Central Asian nation regularly taps the fund to support its budget, but aims to reduce its reliance on such transfers.

($1 = 426.8300 tenge)

(Reporting by Tamara Vaal Writing by Olzhas Auyezov; Editing by Jon Boyle) ((olzhas.auyezov@thomsonreuters.com; +7 727 2508 500; Reuters Messaging: olzhas.auyezov.thomsonreuters.com@reuters.net))