Crediting of spring field works to be 124 billion KZT

Astana. February 10. Kazakhstan Today - The chairman of the board of the National Holding KazAgro, Asylzhan Mamytbekov, informed at the government session today that crediting of the spring field works this year will total about 124 billion KZT, the agency reports.

"Crediting of the spring field works will total 123.9 billion KZT, including 104 billion KZT - temporarily available assets from the investment program allocated by the National Fund. 6 billion KZT - the funds from the republican budget, allocated for purchase of grain and crediting of agricultural credit companies. 13.3 billion KZT - its own and involved means of the affiliated joint-stock companies of the National Holding," the chairman of the board of the holding informed.

"The cost of the credit for the final borrower will make 12 % annual, including all the charges, including the expenditures given for the bank operations," A. Mamytbekov said.

According to the Prime Minister of Kazakhstan, Karim Masimov, this rate is below the pre-crisis period. A. Mamytbekov said, "Loans will be given within 1 year, but we will be requesting high liquid assets."

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