Emblem
Official Source of the
Prime Minister of the
Republic of Kazakhstan
Menu
Emblem
Close button

Alikhan Smailov: About 150 billion tenge allocated from republican budget to combat coronavirus

Monday, 11 May 2020, 17:12:25

The government allocated 5.9 trillion tenge to implement anti-crisis measures related to coronavirus and a decrease in world business activity. Of these, 3.4 trillion tenge came from the republican budget and 2.5 trillion tenge — from extrabudgetary funds, First Deputy Prime Minister – Minister of Finance Alikhan Smailov said this at an online briefing in the government.

The expenses are aimed at increasing employment, monthly payments for loss of income, social benefits, housing, compensation for losses of budget tax revenues and other areas on behalf of the Head of State.

“In particular, one trillion tenge is provided for financing the Employment Roadmap, of which 300 billion tenge from the republican budget (off-budget funds — 700 billion tenge). As part of these funds, infrastructure projects will be implemented in the regions and 255 thousand jobs will be created. 1 trillion tenge is provided for preferential loans to working capital of business entities at 8% and expansion of concessional lending for investment projects at 6% per annum under the Economy of Simple Things program from attracted extra-budgetary funds,” Alikhan Smailov said.

About 4.5 million people within 2 months receive payments on loss of income in the amount of 1 minimum wage or 42.5 thousand tenge. For these purposes, about 370 billion tenge from the State Social Insurance Fund is provided.

For housing construction, an additional 390 billion tenge will be raised from the stock market to bring the volume of housing construction in the country to 15 million square meters. 1.7 trillion tenge has been allocated to compensate for the loss of tax revenues of the republican budget and, accordingly, to fulfill all social obligations of the state.

For compensation of losses of local budgets, in connection with the provision of exemption from taxes and fees on the wage fund for SMEs and large businesses in the affected sectors of the economy, 237 billion tenge is provided.

313 billion tenge will go to additional indexation up to 10% of social payments (pensions, benefits, targeted social assistance), increase scholarships and reimbursement of population payments for utility bills.

“240 billion tenge have been allocated for the expansion of state programs for the development of the agro-industrial complex, Enbek, Business Roadmap, Auyl – El besіgі. Subsidies for the agricultural sector — 50 billion tenge; labor market development within the framework of the Enbek State Program — 50 billion tenge; subsidizing interest rates and guaranteeing loans under the Business Roadmap – 2025 State Program — 84.5 billion tenge; development of social and engineering infrastructure in rural areas within the framework of the Auyl – El Besigi project — 55 billion tenge,” said Smailov.

125 billion tenge are provided for anti-epidemiological measures, including additional payments to medical and other workers, provision of food and household sets for vulnerable groups of the population, and others.

Additional expenses are aimed at supporting citizens and the economy, including the implementation of the instructions of the Head of State — 575 billion tenge.

Within the framework of these funds, budget expenses are envisaged in connection with the growth of the exchange rate, expenses for completing problematic shared construction projects in Nur-Sultan, and other priority tasks.

“About 150 billion tenge has been allocated from the republican budget for the fight against coronavirus or anti-epidemiological measures, or in terms of dollars it is $350 million. This is 5.9 trillion tenge, which are allocated as a whole for the implementation of anti-crisis measures. This is employment support, social benefits, business support, preferential lending to entrepreneurs, housing and so on. These funds are planned for the whole year,” Alikhan Smailov said.

For example, 1 trillion tenge is allocated for preferential lending to a business. These are repayable funds that are provided to businesses in the form of loans at low rates.

One trillion tenge is allocated for the implementation of the Employment Roadmap, of which 300 billion from the budget, the rest are extrabudgetary funds. This is the construction and reconstruction of social facilities, utilities, engineering infrastructure, landscaping of settlements. About 255 thousand jobs will be created. That is, all funds allocated by the government in 2020 have important socio-economic significance and will help to keep the population busy, their income and support business activity in the country.


News feed
29 July 2021, 16:53
Half-year results: Dynamics of socio-economic development of Aktobe region shows stable growth
29 July 2021, 14:04
Popularization of national projects and brands to unite Kazakhstanis in reviving national traditions — Yeraly Tugzhanov
29 July 2021, 03:46
Oil production, construction of schools and active development of tourism — what projects implemented in Mangystau region
27 July 2021, 17:55
Interdepartmental Commission decides to strengthen quarantine measures in several cities of Kazakhstan
27 July 2021, 15:04
Prime Minister Askar Mamin meets with Minister of Transport of Uzbekistan Ilkhom Makhkamov
26 July 2021, 16:24
Prime Minister Askar Mamin receives delegation of Astrakhan region, Russian Federation
26 July 2021, 15:58
Kazakhstan and Eni to develop alternative energy sources
24 July 2021, 11:39
Askar Mamin holds telephone conversation with Prime Minister of Tajikistan Kokhir Rasulzoda
23 July 2021, 20:20
Council for Transition to Green Economy considers issues of unauthorized dumps
23 July 2021, 19:40
Today, 8 million doses of vaccine used in Kazakhstan — Ministry of Healthcare
22 July 2021, 18:49
Prime Minister of Kazakhstan visits Aktobe region on a working trip
21 July 2021, 18:27
Yeraly Tugzhanov chairs meeting of Interdepartmental Commission on Preventing Spread of Coronavirus Infection
21 July 2021, 15:38
Askar Mamin's working trip to Mangystau region: Tourist, transport and engineering infrastructure, agro-industrial complex, digitalization
19 July 2021, 21:23
Board of Baiterek Holding considers implementation of President’s instructions
19 July 2021, 18:20
Rustem Bigari relieved as Vice Minister of Education and Science
19 July 2021, 15:46
Prime Minister Askar Mamin instructs to intensify work on forage preparation
14 July 2021, 17:20
Prime Minister Askar Mamin instructs to strengthen quarantine measures in 4 regions
13 July 2021, 17:59
For 5 months of 2021, domestic trade grew by 15.8% compared to the same period last year — Bakhyt Sultanov
13 July 2021, 16:15
Government discusses organizational issues for conducting population census in 2021
13 July 2021, 16:08
Meeting of Interdepartmental Commission on Regulation of Entrepreneurship held in the Government
12 July 2021, 19:10
Interdepartmental Commission adopts package of measures to prevent the spread of coronavirus infection
12 July 2021, 14:48
Askhat Oralov relieved as Vice Minister of Information and Social Development
10 July 2021, 16:55
National Bank of Kazakhstan preparing pilot project for implementation of digital tenge
10 July 2021, 16:21
Prime Minister Askar Mamin introduces new Vice Minister - Acting Minister of Agriculture, Yerbol Karashukeyev
09 July 2021, 09:15
Kanat Iskakov appointed chair of Information Committee of the Ministry of Information and Social Development of Kazakhstan
07 July 2021, 20:36
Marat Karabayev appointed Vice Minister of Industry and Infrastructure Development of the Republic of Kazakhstan
07 July 2021, 19:36
Yeraly Tugzhanov chairs meeting of Interdepartmental Commission on Preventing Spread of COVID-19 in Kazakhstan
06 July 2021, 17:35
Prime Minister Askar Mamin congratulates Kazakhstanis on the Day of the Capital
03 July 2021, 19:26
Anuar Akhmetzhanov relieved as First Vice Minister of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan
02 July 2021, 17:22
Askar Mamin chairs meeting of EDB: The Bank’s 2022-2026 Strategy approved
02 July 2021, 17:20
Askar Mamin holds meeting on development of Almaty agglomeration
02 July 2021, 13:43
Askar Mamin instructs to complete reconstruction of Altyn Orda traffic intersection in October 2021
02 July 2021, 13:08
Askar Mamin instructs to complete construction of Saryarka and Dostyk stations of Almaty metro by the end of 2021
02 July 2021, 12:05
Interdepartmental Commission discusses epidemiological situation after detection of COVID-19 mutation characteristic of Delta strain
02 July 2021, 08:30
Askar Mamin instructs to complete construction of BAKAD by the end of 2022
01 July 2021, 14:02
Amaniyaz Yerzhanov relieved as Vice Minister of Industry and Infrastructure Development of the Republic of Kazakhstan
01 July 2021, 13:09
Development of oil products market, gas supply, introduction of renewable energy sources — Nurlan Nogayev reports on work of the Ministry of Energy
30 June 2021, 14:50
Askar Mamin discusses implementation of meat processing project in Kazakhstan with management of Tyson Foods
29 June 2021, 16:57
Askar Mamin holds meeting of National Commission for Modernization
29 June 2021, 10:03
Askar Mamin instructs to ensure safety of educational facilities before start of academic year
29 June 2021, 09:55
Askar Mamin instructs to increase rate of vaccination in western regions
28 June 2021, 15:47
Government session to be held June 29 in Ukimet Uyi
24 June 2021, 16:45
Askar Mamin inspects implementation of investment projects in Karaganda region
22 June 2021, 11:30
Full privatization of state bus fleets planned in Kazakhstan — Zhumangarin
22 June 2021, 10:42
In regions with high CVI incidence, there is a decrease in employment of infectious and intensive care beds — Alexey Tsoy
21 June 2021, 18:32
Government session to be held June 22 in Ukimet Uyi
21 June 2021, 13:10
Mamin reports on Government’s work at joint meeting of Chambers of Parliament
15 June 2021, 12:33
In June 2021, a "zero rate" introduced for utilization fee — Magzum Mirzagaliyev
15 June 2021, 10:55
Number of detected CVI cases in decreased by 16% last week — Ministry of Healthcare
15 June 2021, 10:40
Zero Injuries Concept introduced at 216 enterprises of Kazakhstan — Shapkenov
© 2019 - 2021 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.