69.5 million soms to be provided in concessional loans to support business in Naryn region

AKIPRESS.COM - Kyrgyz government has allocated 69.5 million soms for concessional loans to entrepreneurs in Naryn region.
Last year, 2 billion soms were provided in concessional loans for implementation of several projects in the region.
Entrepreneurs will be obtaining concessional loans from local banks as part of the government-run program of support of business affected by the coronavirus pandemic.
Concessional loans will be provided in the spheres of tourism, light industry, pharmaceutical production, freight transportation, processing industry and other economic sectors.
The program allows refinancing of loans with high interest rates obtained before March 2020 for industrial and processing companies having positive credit history.