Kazakhstan should sell its share in Tengizchevroil - Speaker of Mazhilis

/IRBIS, Oct.18, 99/ - According to REUTERS, the Speaker of Mazhilis of Kazakhstan (one of Parliament's chambers) Marat Ospanov believes that the new Government will inevitably return to the question about sale of the Kazakhstan share in the oil-extracting JV Tengizchevroil and to the pension reform updating to find money for the social programs. Kazakhstan is not excluded the sale of a part of its 25% share in Tengizchevroil, which extracts a third of Kazakhstan's oil to finance the budget deficiency. "The Government should not reduce the social programs, maximum pensions level and the invalids allowance, that was defended by Parliament", - has told Ospanov. In Ospanov's opinion, means for the social programs can be found by changing the pension system. He offers to increase to 20% (from 15%) payments in Fund of pension liability for the present pensioners at the expense of reduction to 5% (from 10%) payments in accumulative pension funds. Ospanov positively evaluates the chances in the government, considering it as more professional.