Kazakh government allocates 100 billion tenge for Auyl Amanaty program in 2023

Kazakh government allocates 100 billion tenge for Auyl Amanaty program in 2023

This year 100 billion tenge is allocated from the state budget for the implementation of the Auyl Amanaty program in Kazakhstan. Thus, there are plans to issue 17,000 microcredits to rural residents, which will allow to create over 18,000 jobs and, most importantly, increase the population’s income. The program execution was considered at the national headquarters meeting. Kazakh Prime Minister Alikhan Smailov noted the weak implementation dynamics in some regions and urged local authorities to work more actively with the population. He emphasized the very favorable loan terms, namely 2.5 percent for five-seven years. Overall, the ‘Auyl Amanaty’ project is being actively implemented in 10 regions of the country. The Head of the Cabinet of Ministers instructed the regional governor’s offices to ensure full utilization of the allocated funds, their targeted use, and timely repayment.