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As of January 1, 2023, the pension savings of Kazakhstanis amounted to KZT14.7 trillion. It should be noted that in 2022 this indicator increased by almost KZT1.6 trillion (or 12.2%). For comparison, the increase in pension savings in 2021 was only 1%. This means that the rates of development of the accumulative pension system are gradually returning to the indicators of the periods before significant withdrawals of pension savings for alternative purposes, when the growth of pension savings annually ranged from 15 to 20%.
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