National Fund channeled KZT 50,5 bln to small and medium business

ASTANA. KAZINFORM "The National Fund of Kazakhstan forwarded KZT 50,5 bln to small and medium-sized enterprises," Vice Premier of Kazakhstan Bakytzhan Sagintayev said at today's broadened Cabinet meeting under the chairmanship of President Nursultan Nazarbayev.

"The Government took measures to ensure the country's economic growth and large-scale business support," he added. For the purpose of efficient and transparent application of the funds of the National Fund framework agreements were signed with four international organizations such as the World Bank, IBRD, ADB and IDB on institutional and financial support of priority programs to the amount of USD 7 bln.