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Budgetary funds to be received by banks - government partners - Kelimbetov

Astana. December 7. Kazakhstan Today - The funds allocated from the budget for support of share construction and development of subjects of small and medium enterprises will be received by the banks - government partners in the end of this week. The chairman of the fund of steady development Kazyna Kayrat Kelimbetov informed at the press conference, following signing the agreement on partnership between the government, Astana akimat, the fund of steady development Kazyna, Kazakhstan hypothecary company and the banks of the second level, the agency reports. Kazyna chairman reminded that the leader of the state made the decision to allocate $4 billion for funding of construction of housing objects in Astana, support of small and medium enterprises and refinancing of industrial and infrastructural objects. "Up to the end of this year $1 billion has been allocated for these purposes: $400 million for completion of construction of the objects in Astana, $400 million - for support of small and medium enterprises, $200 million - refinancing of industrial objects," he specified.

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