Issyk-Kul hosts discussions on entrepreneurship development issues

Bishkek, Aug.26, 2019 /Kabar/. A discussion of the issues of entrepreneurship development took place at the Issyk-Kul Oblast state administration.
Governor of Issyk-Kul Oblast Akylbek Osmonaliyev, heads of regions, RSK Bank and Ayil Bank managers, mayors, as well as representatives of small and medium businesses took part in the event.
During the discussion Governor Osmonaliyev noted the Government of the Kyrgyz Republic allocates KGS 2 billion from the Republican budget to support the projects of entrepreneurship development.
"The Government for the first time allocates KGS 2 billion from the Republican budget for lending to domestic entrepreneurs. It arouses a lot of interest among entrepreneurs. We are working to ensure that the entrepreneurs of Issyk-Kul Oblast to propose as many projects as possible, because these are new jobs and enterprises," Osmonaliyev said.
Besides, the issues of preparing business projects for getting a loan from the Republican budget were also discussed.
The government allocates KGS 2 billion of credit to support domestic entrepreneurs in the regions at 6% per annum for 10 years.