The Board of Trustees of the Fund held a meeting

Today, February 16, under the chairmanship of Yerala Tugzhanov, a meeting of the Fund's Board of Trustees was held.

During the meeting, the Director General made a report on the work done in 2020, and a number of issues were resolved:

1. The Fund's collegial body reviewed and adopted a report on the targeted use of funds by sports projects for the 2nd half of 2020;

2. The Concept of the Unified Operator for the distribution of extrabudgetary funds aimed at the development of physical culture and sports was approved. The implementation of the document will be carried out in 2 stages until 2023 and, according to it, work will be done in the Fund to automate the internal processes of the organization, Programmes in the field of sports financing based on the best international experience have been introduced, including assistance in the implementation of the Address of the Head of State on the development of youth and mass sports of September 1, 2020, as well as information and presentation work on the development of sports sponsorship;

3. The organizational structure of the Fund has been modernized and staffing has been streamlined; This decision was also made in accordance with the aforementioned Presidential Address, where the Head of State noted the need to reduce the state apparatus and employees of the quasi-public sector and improve their activities.

4. The members of the Board of Trustees approved the decision on further distribution of funds received in accordance with the law to the Fund from the Unified Lottery Operator of JSC "Satti Zhuldyz".

The participants of the meeting noted the importance of the year in the sports life of the country, since the 2021st is the Olympic, in connection with which the Fund will make every effort to successfully implement the Concept, as well as support sports projects and athletes representing the country in the international arena.