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70% of anti-crisis funds utilized, Kelimbetov

ASTANA. May 28. KAZINFORM /Kurmat Samarkhan/ About 70 % of the funds allocated for the first stage of the anti-recessionary program have been disbursed, Chairman of the Board of Samruk-Kazyna National Welfare Fund Kairat Kelimbetov has announced it at a press conference. “Out of KZT 1.80 trln KZT 480 bln were drected to banks; KZT 360 bln were provided to resolve the real estate problems, KZT 120 bln - for small and medium business and KZT 120 bln - for investment projects. KZT 766 bln of the resources have been utilized. We have transferred them to banks, construction companies and national companies for implementation. 70 % of the allocated fund have been utilized”, K.Kelimbetov emphasized. “Owing to these measures we have managed to reach certain stability of the financial sector and the construction sphere, and provided support for small and medium businesses. This was just the first stage of the Government’s anti-recession program”, the Chairman added.


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