The Cabinet of Ministers is in the process of creating a state leasing company, as announced by deputy Dastan Bekeshev on his Telegram channel. The relevant issue has been included in the agenda of the committee on budget, economic, and fiscal policy of the Jogorku Kenesh. Members of the parliament are being asked to approve the allocation of 1 billion soms for the new company.
This new entity will operate as a subsidiary of the State Development Bank. Bekeshev explained that the leasing company will provide leasing services for the production and purchase of equipment. The financing will be structured in an interesting way, with 100 million soms expected to flow through the Ministry of Finance, which will own 10% of the shares. The remaining 900 million soms will be channeled through the State Development Bank by increasing its charter capital.
This initiative aims to support local businesses by facilitating access to equipment necessary for production. The establishment of the state leasing company is seen as a strategic move to boost economic development and enhance the manufacturing sector in the country.
