Administration of Almaty is to provide 10 bn tenge credit to Damu fund

Date: 12:33, 28-09-2020.

Almaty. September 28. KazTAG - The administration of Almaty is going to credit Damu Entrepreneurship Development Fund JSC in the amount of 10bn tenge within four years.
“Total expenses for the budget program (“ Lending to JSC “Entrepreneurship Development Fund Damu within the framework of the regional program Zhibek Zholy , in thousands of tenge - KazTAG): 2019 - 1 billion; 2020 - 3 billion; 2021 - 3 billion; 2022 - 3 billion ”, indicates the description of the draft budget program.
The document was presented by the administration of Almaty.
“Goal: to accelerate the development of small and medium-sized businesses. Objectives: the share in SMEs (small and medium-sized businesses - KazTAG) in GRP (gross regional product - KazTAG) in 2020 - 37.8%, 2021 - 40%, 2022 - 41.7%, " reads the description.

Photo source: picture from an open source

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