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Prime Minister Askar Mamin holds a board meeting of Baiterek National Holding

Friday, 22 November 2019, 08:23:11

At a board meeting of JSC Baiterek National Management Holding, chaired by Prime Minister Askar Mamin, the annual budget for 2020 and changes to the Development Plan for 2019-2021 were approved, as well as other issues were considered.

In 2016-2019, Baiterek Holding has allocated 824 billion tenge from the republican budget and the National Fund, to finance the construction of rental housing, guarantee equity deposits, support domestic exporters, Kazakh producers of non-primary goods and service providers in foreign markets, provide rural settlements with broadband Internet access, implement 2015-2019 State Program of Industrial and Innovative Development and Business Roadmap 2020 state business support and development program, Sary-Arka pipeline, lend large, single-parent and low-income families and other purposes.

The meeting approved the adjusted development plan for 2017-2021 (in terms of 2019-2021) and the annual budget of Baiterek holding for 2019, the risk report, the report of the Holding’s Internal Audit Service for the third quarter of 2019, the annual budget and plan work of the board of directors of Baiterek holding for 2020.

The development plan of Baiterek Holding has been adjusted to implement the “Svoy Dom” programof the Housing Construction Savings Bank, projects in the automotive industry and the construction sector, modernization of transport and industrial infrastructure, financing of the manufacturing industry, etc.


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