Massimov urges to reconsider interest rates and lending to small and medium business
14:53, 5 February 2009
ASTANA. February 5. KAZINFORM /Bauyrzhan Mukanov/ Kazakh Prime Minister Karim Massimov has charged the Minister of Economy and Budget Planning Bakhyt Sultanov to reconsider the interest rate on mortgage loans and lending oto small and medium business, Kazinform reports.
?I commission you together with ?Samruk-Kazyna? National Welfare Bank and four strategic banks to consider the issues of mortgage loans and lending to small and medium business. Considering the current situation, it is necessary to reconsider the interest rate in order to stimulate domestic production?, K.Massimov said at the session of the board of the Ministry.
K.Massimov noted that the Ministry should pay attention to the issues of strategic planning, responsivity and informing the Government on the changing situation.