SMEs create 7,000 jobs in Kazakhstan's Akmola region

Business Materials 24 February 2019 14:06 (UTC +04:00)

Baku, Azerbaijan, Feb. 24

By Rashid Shirinov – Trend:

As many as 7,000 jobs were created by small and medium-sized businesses in the Akmola region of Kazakhstan in 2018, Trend reports via Kazakh media.

"In addition, the production increased by 8.6 percent and amounted to 272 billion tenge, and tax revenues increased to 37 billion tenge," governor of the region Malik Murzalin said at a reporting meeting with the population.

He noted that the state allocated 7 billion tenge to support small and medium-sized businesses in the region. This allowed to support 353 projects and issue 923 microloans (twice more than in 2017).

"The head of state sets a big task for us – to increase the share of small and medium-sized businesses in the economy. As of 2017, it was 25.1 percent in the Akmola region, and by the end of this year it should be increased to 28.2 percent, and to 35 percent by 2025," Murzalin added.

(376.73 KZT = 1 USD on Feb. 24)


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