Tell Yerasyl: Kazakhstan plans a Sid-style sell-off

Kazakhstan to privatise state-owned assets to encourage share ownership

Kazakhstan, the last state to claim independence from the USSR, is poised to privatise state-owned assets on a scale not seen since the UK’s privatisation programme under former prime minister Margaret Thatcher.

Under a plan entitled The People's IPO, Kazakhstan wants to sell both to state pension funds and retail investors as an initial move to create an investment culture among individuals.

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