Commercial banks can issue loans at 16 percent interest, with the state subsidizing 10 percents. The remaining 6 percent under certain programs is covered by the Presidential Fund, making the loan effectively interest-free for entrepreneurs.»
Explaining loan conditions for entrepreneurs.
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More from Adylbek Kasymaliev
The authorities do not distinguish between foreign and domestic investors. If a Kyrgyz entrepreneur plans to build a large industrial facility, they should receive the same conditions and support.»
The authorities will continue to increase wages, pensions, and benefits as budget revenues grow.
The minister has to visit the site, speak with the investor, and find out whether any problems have arisen. If he is unaware of the situation at the assigned facility, he will be held accountable,»
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