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Kazakhstan ratifies loan agreement with IBRD

Kazakhstan Materials 5 February 2016 17:51 (UTC +04:00)
President of Kazakhstan Nursultan Nazarbayev has signed the Law of the Republic of Kazakhstan "On ratification of the Loan Agreement between the Republic of Kazakhstan and the International Bank for Reconstruction and Development (IBRD)"
Kazakhstan ratifies loan agreement with IBRD

Baku, Azerbaijan, Feb. 5

By Elena Kosolapova - Trend:

President of Kazakhstan Nursultan Nazarbayev has signed the Law of the Republic of Kazakhstan "On ratification of the Loan Agreement between the Republic of Kazakhstan and the International Bank for Reconstruction and Development (IBRD)", the president's press service reported Feb. 5.

As per the agreement, the loan worth $100 million is extended for financing of the project on development of occupational skills and stimulation of creation of new jobs.

The Loan Agreement was signed in July 2015.

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