Today, during the meeting of the Government of the Republic of Kazakhstan, Prime Minister Bakytzhan Sagintayev instructed to closely monitor the issue of providing microloans within the framework of the Productive Employment and Mass Entrepreneurship Development Program.

Following the consideration of the current status of the implementation of the Program for the Development of Productive Employment and Mass Entrepreneurship, the Prime Minister drew attention to the issue of creating the necessary conditions for the development of entrepreneurial potential, opening and running private business, especially in the countryside. Today, the unemployed, self-employed citizens and businesses are given the opportunity to obtain preferential microloans for the implementation of business projects without sectoral restrictions. Bakytzhan Sagintayev noted that it is necessary to monitor the issue of application of funds allocated for the provision of microloans.

“It is planned to provide 14 thousand unemployed and self-employed with microcredits, also within the framework of the initiative of the Head of the state the volume of financing of microlending was increased by 20 billion tenge. The half-year is over, we need to eliminate all the existing reasons that impede the development of this area,” – the Prime Minister said.

In turn, Minister of National Economy Timur Suleimenov stressed that microlending in cities within the framework of the Program was implemented for the first time in 2017. Seven second-tier banks and two microfinance organizations are involved in the microcredit scheme.

“The total portfolio of microlending in cities, taking into account the funds of the previous year, is 24.3 billion tenge. Of these, funds from 2017 – 11.9 billion tenge, and funds of 2018 – 12.4 billion tenge, including 6.1 billion tenge additionally allocated within the framework of “Five Social Initiatives” of the Head of State,” – T. Suleimenov.

According to the Minister of National Economy, at the expense of the funds of 2017, 1006 projects were financed for 11.1 billion tenge, which allowed the program participants to produce products worth 7.6 billion tenge, pay taxes to the budget in the amount of 299 million tenge.

“At the moment, at the expense of the funds of 2018, 226 projects for the amount of 2.6 billion tenge were financed and approved, and projects worth 3.4 billion tenge are under consideration in STBs,” – Minister T. Suleimenov said, stressing that in the current year the task is to finance 3000 projects.

Along with the provision of microloans on preferential terms, there is also the possibility of guarantees by the state in case of insufficient collateral with regards to potential entrepreneurs.

“At present, 355 guarantee contracts for the amount of 2 billion tenge have been concluded, of which in 2017 – 172 contracts amounting to 967 million tenge, in 2018 – 183 contracts amounting to 1.03 billion tenge. Virtually every third loan is guaranteed,” – he said.

In addition, in order to promptly provide funds to the population, in December of last year, measures were taken to reduce the terms of funds utilization by second-tier banks to 6 months (from the current 12 months), there is the possibility of purchasing residential real estate and land plots with subsequent mandatory change of purpose.

According to T. Suleimenov, in the current year, in order to support small projects of beginning entrepreneurs, active entrepreneurs are excluded from the list of borrowers of the Program.

First Deputy Minister of Agriculture Arman Yevniyev, in his turn, informed that within the second direction of the Yenbek Program, the Ministry of Agriculture is working to provide microcredits to the Program participants implementing or planning to implement business projects in rural settlements and small towns.

“To execute the above activities in 2018, the National budget provides for a budgetary credit of 44.7 billion tenge, including within the framework of the fourth initiative of the “Five Social Initiatives of the President” in the amount of 13.9 billion tenge. 11 000 microcredits are planned to be issued via the planned funds,” – First Deputy Minister A. Yevniyev informed.

In 2018, within the framework of the Bastau-Business project, it is planned to train 30 000 self-employed and unemployed, of whom at least 6000 participants must open or expand their business.

In turn, Deputy Minister of Education and Science Bibigul Assylova assured that with regards to the first direction of the Program for Productive Employment and Mass Entrepreneurship, the Education Ministry coordinates the work on training of personnel with technical and vocational education.

“The program involved 320 colleges with 20 500 students, of which 15 200 enrolled after 9 grade, and 5300 people after 11 grade. Of the students admitted to colleges, about 60% are citizens from socially vulnerable sections of the population,” – B. Assylova said.

In addition, there are 10 mobile training centers for training individuals from remote settlements in the country's five regions (Aktobe, Akmola, East Kazakhstan, Kostanay, Mangystau regions).

“Since April 2018, 337 people have started training in mobile centers, 143 people have been trained, of which 93 people were employed,” –the Deputy Minister of Education said.

Meanwhile, since the implementation of the Program, the state order for personnel training has been restructured within the framework of the needs of the regions. The content of training was changed by introducing 246 modular training programs into the teaching process.

“The analysis showed that the training of the personnel in the Program compared to the developed trend increased for the spheres of service by 17.6%, agriculture -10.2%, transport - 13.2, construction - 5.5%, fuel and energy complex - 3 , 9%, ICT - 3%, the base industry - 4.8%, tourism - 1%, trade - 0.6%. Their distinctive feature is practical orientation, active participation of employers in the development of curricula and programs. Thus, modular programs provide level integration, qualification of “middle-level specialist” through obtaining working qualifications or entering the labor market with obtaining working qualifications. To date, 100% of the colleges are provided with these educational programs,” – the Deputy Minister said.

In conclusion of speeches on this topic, the Chairman of the Board of NCE Atameken Ablay Myrzakhmetov added that for about two months about 4.5 thousand people are training via the short-term training system under the Program for the Development of Productive Employment and Mass Entrepreneurship for 2017-2021. To date, 118 training centers created by enterprises participate in the process, teaching the population new specialties. Already 1089 people have been trained, 372 of them are employed.

Published: 10 July 2018



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