Exporters to have access to concessional lending in Kyrgyzstan

Bishkek, May 7, 2019. / Kabar /. Within the framework of the Financing of processing and reprocessing enterprises project, the exporters will have access to preferential crediting. Prime Minister of the Kyrgyz Republic Mukhammedkaliy Abylgaziyev signed appropriate order of the Government of the Kyrgyz Republic, the Government’s press service reported.

The Government of the Kyrgyz Republic launches the Financing of Processing and reprocessing enterprises project since May 2019, the main goal of which is to provide state financial support to business entities in the country's regions exporting manufactured goods and opening new export-oriented enterprises.

The domestic enterprises (with the exception in the cities of Bishkek and Osh) operating in food processing and light industry will be able to receive long-term preferential loan funds from commercial banks at a final interest rate of 8-10 projects per annum for 3-5 years.