Baiterek Holding to Expand Support for Key Economic Sectors
Photo: Mdjourney, ill. purposes
Vice Prime Minister Serik Zhumangarin announced at a government meeting that the Baiterek holding is increasing its support for Kazakhstan’s priority economic sectors, reports Orda.kz.
In just the first half of the year, financing for priority sectors through Baiterek totaled 2.9 trillion tenge. The plan is to increase that to 8 trillion tenge by year-end. This will provide an additional economic boost of approximately 1.3 percentage points,
said Zhumangarin.
He also noted that the holding's capitalization from the state budget would continue into the second half of the year.
Zhumangarin also reported record economic growth in Kazakhstan during the first half of 2025.
Original Author: Artyom Volkov
Latest news
- Kazakhstan Tightens Rules on Bank Loans to Related Parties
- Kyrgyz MP Reports Attacks on Kyrgyz Cars in Kazakhstan
- AI to Be Used to Monitor Methane Leaks in Kazakhstan
- Nuclear Power Could Cost Kazakhstanis Up to $0.19 per kWh, Expert Says
- Tokayev Criticizes Selective Use of the UN Charter
- Kazakhstan Plans to Print National ID Numbers on Pharmacy and Clinic Receipts
- Tokayev Says Snow Leopard Numbers in Kazakhstan Have Recovered
- Illusion of Stability: Expert Says Housing in Kazakhstan Could Rise in Price by Fall
- Maslikhat Deputies in Kazakhstan May Receive Expanded Powers
- Minister Confirms Threat to Kazakh Oil Transit Through Russia
- Astana Akimat Gives More Precise Timeline for LRT Launch
- Flood Washes Out Crossing in West Kazakhstan Region, Forcing Villagers to Take Longer Route
- Eco-Activist Shows Steppe Near Aktau Turned Into a Dump
- Direct Highway Between Kazakhstan and Mongolia Under Discussion
- Russia May Halt Kazakh Oil Transit to Europe From May 1
- ERG Cuts Cobalt Output in Congo After Export Restrictions
- Why Foreign Investors Complain About Kazakhstan
- Analysts Warn That Rising Costs Are Eating Into Kazakhstanis’ Incomes
- Miners in Kazakhstan May Receive Lifetime Payments
- Kostanay Farmers Again Demand Permission to Shoot Saigas in the Fields