Kazakhstan to launch new rural housing program this May

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Kazakhstan will launch a new rural housing program this May 1. 300 billion tenge will be attracted by Otbasy Bank for the housing program for residents of villages and district centres, Kazakh Industry and Construction Minister Kanat Sharlapaev said.

Its loan interest rates for vulnerable social groups will not exceed 7%, he told a briefing.

Lending terms will be made public on May 1.

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