The Cabinet plans to launch the "Industrial Mortgage" program for industrial cluster enterprises

Яна Орехова Exclusive
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- As part of the implementation of the National Development Program of the Kyrgyz Republic until 2030, the Cabinet of Ministers will develop a number of financial and credit products, including "Industrial Mortgage," as well as compensation mechanisms for enterprises operating in the industrial sector.

According to the document, the final decision on launching these initiatives must be made by July 1.

The Ministry of Economy and the Ministry of Finance have been appointed as responsible for the implementation of the program, with the participation of the National Bank, OJSC "Aiyl Bank," OJSC "Eldik Bank," and OJSC "State Development Bank" by agreement. The financing of the program will be carried out using funds from the republican budget.
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