The Head of State received the Chairman of the Board of Baiterek NMH JSC Kanat Sharlapayev

Kassym-Jomart Tokayev got acquainted with the results of the activities of the Baiterek holding for the first half of 2023, including the progress in implementing initiatives to support entrepreneurship, the agro-industrial complex and provide the population with housing.

According to the data presented to the President, the volume of financing for large businesses amounted to 114.4 billion tenge. The holding actively supports the development of small and medium-sized businesses, in particular, through the Damu fund, which has supported more than 15,000 entrepreneurs.

The head of state was informed that since the beginning of 2023, Otbasy Bank has helped provide housing for 29,000 families. The Bank actively participates in the rental subsidy program, which is a form of gratuitous state support for citizens, including disabled people of groups I and II, families raising disabled children, orphans, and families with many children. Over 9,000 applications were approved in the first half of the year.

Kassym-Jomart Tokayev was informed that more than 271 billion tenge had been allocated through the Agrarian Credit Corporation JSC since the beginning of the year and about 9 thousand farmers were supported. This year, 3.5 million hectares of land have been sown, which is 15% of the total sown area in the country. In order to strengthen food security and reduce import dependence, over 131 billion tenge was allocated for lending to investment projects in agriculture. Over 70% of the financing of the agricultural sector falls on JSC "Agrarian Credit Corporation" and JSC "KazAgroFinance".

In conclusion, the President gave a number of specific instructions aimed at improving the conditions for business development and improving social housing policy.

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