The Social Fund Increased Pension Fund Investments in 2025

Юлия Воробьева Economy / Exclusive
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From January to December 2025, the Social Fund invested 22 billion 797.6 million soms from the State Accumulation Pension Fund (GNPF) into various investments, according to the fund's final reports.

The largest portion of these funds was directed towards the purchase of government securities, where 11 billion 885.4 million soms were allocated with yields ranging from 12.86% to 16% per annum.

Additionally, 5 billion 925.0 million soms were placed in deposits at commercial banks for terms of 12 and 18 months, with yields from 12.1% to 16.5% per annum.

Shares of local companies were also not overlooked: 4 billion 987.2 million soms were invested in them.

As for the previously made investments by the GNPF in 2025, the revenues were as follows:

Thus, the total income from investing the funds of the State Accumulation Pension Fund for 2025 reached 6 billion 734.2 million soms.
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