...

Kazakhstan to attract $463-million loan

Business Materials 9 September 2016 11:03 (UTC +04:00)
Kazakhstan plans to attract credit lines in the amount of 156 billion tenge ($463.19 million)

Baku, Azerbaijan, Sept. 9
By Elena Kosolapova - Trend:
Kazakhstan plans to attract credit lines in the amount of 156 billion tenge ($463.19 million), Novosti-Kazakhstan news agency quoted the country’s Acting National Economy Minister Kuandyk Bishimbayev as saying.

"Until the year end it is planned to attract additional credit lines from international financial institutions such as the Asian Development Bank and the European Investment Bank in the amount of 156 billion tenge," Bishimbayev said at an expanded government meeting on Sept. 9.

These funds will be directed to small and medium-sized businesses support, according to Bishimbayev.

Follow the author on Twitter: @E_Kosolapova

Tags:
Latest

Latest