ANNOUNCEMENT 17 Jul 2015In July 2015, the government of Kazakhstan announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
On 17 July 2015 the Government of Kazakhstan approved Decree Nr. 439. It allocates the equivalent of 228 million USD in state guarantees as a part of a financing scheme of investment projects of small and medium enterprises (SMEs) in 2015. The projects are to be performed in the period 2015-2020.
There are no explicit restrictions in which sectors of the economy the SMEs should operate. However, it may be expected that priority will be given to SMEs that operate in the sectors that were previously defined as strategic in Decree No. 301 of 13 April 2010 of the Government of the Republic of Kazakhstan.