Kazakhstan proposes subsidies for loans to buy convenience stores
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Kazakhstan's Public Council under the Ministry of Trade and Integration proposed allowing entrepreneurs to receive subsidies and guarantees on loans to purchase existing convenience stores. The proposal was discussed at a council meeting chaired by Minister Arman Shakkaliyev and Council Chairman Ruslan Shayekin. Current rules do not permit subsidizing loans for acquiring already operating neighborhood stores.
Key Facts
- The Public Council under Kazakhstan's Ministry of Trade and Integration proposed allowing subsidies and guarantees for loans to purchase existing convenience stores.
- The proposal also includes permitting entrepreneurs to combine an investment loan with a working capital loan within a single project.
- Minister Arman Shakkaliyev stated that trade employs about 1.5 million people and ranks second in GDP structure.
- The council recommended a transition period until January 1, 2027 for the National Product Catalog, including no fines on remaining stock and simplified registration for previously imported goods.
Proposed Credit Support
The Public Council under the Ministry of Trade and Integration proposed amending state support rules to allow subsidies and guarantees for loans used to buy already operating convenience stores. The proposal was discussed at a council meeting chaired by Minister Arman Shakkaliyev and Council Chairman Ruslan Shayekin. Current rules do not permit subsidizing loans for acquiring functioning neighborhood stores. The council also proposed allowing entrepreneurs to combine an investment loan with a working capital loan within one project.
Trade Sector Importance
Minister Arman Shakkaliyev emphasized that trade is a key stimulus for domestic production. He noted that about 1.5 million people are employed in trade, and the sector ranks second in GDP structure. Shakkaliyev stated that state support is a crucial tool for developing the sector and creating new business opportunities.
National Product Catalog Transition
The council recommended a transition period until January 1, 2027 for the National Product Catalog. The proposal includes simplifying registration for previously imported goods and not applying fines to remaining stock until 2027. It also suggests temporarily allowing the indication of importer data. Veronika Daugaliyeva, chair of the public catering sector, said the catalog introduction is already bringing transparency and traceability to the industry.
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Kazakhstan proposes subsidies for loans to buy convenience stores
