According to the report of the Social Fund, from January to December 2025, 22 billion 797.6 million soms were invested from the State Accumulation Pension Fund (GNPF).
The largest share of these funds was directed towards government securities, where 11 billion 885.4 million soms were placed with yields ranging from 12.86% to 16.00% per annum.
In addition, 5 billion 925.0 million soms were invested in deposits of commercial banks for terms of 12 and 18 months, with yields from 12.1% to 16.5% per annum.
Also, part of the pension savings was invested in shares of local companies, with a total volume of 4 billion 987.2 million soms.
As a result of 2025, the GNPF received the following income from previously made investments:
- income from government securities — 5 billion 755.8 million soms;
- income from deposits — 940.5 million soms;
- income from interest on balances in GNPF accounts — 37.5 million soms;
- other income — 0.4 million soms.
