KZT 70 bln for implementation of third tranche of small and medium business support disbursed
ASTANA. April 28. KAZINFORM /Muratbek Makulbekov/ KZT 70 bln out of KZT 120 bln allocated for implementation of the third tranche of small and medium business support are disbursed. Chairman of the Board of Directors of “Samruk-Kazyna” National Welfare Fund Kairat Kelimbetov has announced it at a meeting with the Majilis deputies; Kazinform reports. The Fund’s Chairman informed that KZT 120 bln are allocated for the program of mortgage loans refinancing. KZT 25 bln out of them are developed by the second-tier banks. According to him, at present optimization of the structure of “Samruk-Kazyna” and national companies of its group is coming to an end. On May 10 the Government will be reported on optimization results. K.Kelimbetov emphasized that a cost cutout will be reached.