Total amount of financing under preferential loans program amounted to 4.2 billion KGS, – Deputy Prime Minister E. Asrandiev

The program of concessional financing of business is already working. Deputy Prime Minister of the Kyrgyz Republic Erkin Asrandiev said this on July 22 at a briefing in the government.

He recalled that the program was approved and published on June 10, 2020.

“About 12-13 banks are currently participating in this program. To date, the total amount of financing under the program amounted to 4.2 billion KGS. Including 1.9 billion KGS were provided at the expense of the National Bank. At the expense of the budget and external sources, 2.3 billion KGS were provided,” – he said.

According to him, this week the banks were provided with the next tranche in the amount of 1.4 billion KGS.