The Ministry of agriculture is developing measures to simplify and automate the issuance of loans to entrepreneurs engaged in agribusiness, reports on 15 June, the Agency "KazTAG" with reference to the Minister Umirzak Shukeyev.
The head of the farm LLP "Agrofirm "AKAS" Kalawalla Ashigaliev complained to the Minister on the complexity and red tape in obtaining a loan. The entrepreneur proposed to introduce a prescribed list of required documents, but the head rejected the proposal.
The Minister believes that it is impossible to interfere in the Affairs of banks. However, he added that the Ministry is working on resolving this issue.
As reported IA REGNUM, in February 2018 Shukeyev noted that Kazakhstan banks have sharply reduced lending to farmers. According to the Minister, the sector "suffocating from lack of funding".
Translated by service "Yandex.Translation"
