When will the 2.5% youth loan be available?

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From March 2023, a 2.5% loan for young people will be provided. The first vice-minister of labor and social protection of the population, Akmadi Sarbasov, said about this, the national portal "Adyrna" reported.

"The Ministry of Labor and Social Protection of the People (credit - the author) has fully prepared the rules. The orders have been issued. It has been registered with the Ministry of Justice. Now we are responsible for the 2.5% loan for young people. However, the 2.5% loan is also from the Ministry of Agriculture We have made a complete decision on this issue," said the First Vice Minister of Labor and Social Protection of the People, Akmadi Sarbasov, answering reporters' questions after the Senate session.

In addition, the vice-minister said that relevant agreements will be signed in February.

"It has a deadline. This month we will sign a credit agreement with local executive bodies and the Ministry of Finance. We will start providing loans from next month. There is no problem. A 2.5% loan will be granted up to 5 million tenge," said First Vice-Minister of Labor and Social Protection Akmedy Sarbasov.

Let's remind that last year, in his message on September 1, the president instructed to provide microcredit with an annual discount of 2.5% for the development of youth entrepreneurship.

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