Ministry of Economic Development: Women Entrepreneurs and Regions Will Receive Up to 40% Subsidized Financing

Сергей Гармаш Exclusive
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Today, a new online platform based on the tax service has been launched, allowing entrepreneurs to register their businesses and start operations remotely. At the same time, the government is taking measures to simplify the permitting system and reduce requirements for businesses. This was announced on the radio by Nurbek Umetaliev, head of the entrepreneurship development department of the Business Environment Policy Department of the Ministry of Economy.

Umetaliev also noted that special attention is being paid to supporting women's entrepreneurship and the textile industry.

As part of the preferential lending program, which includes interest rate subsidies, 3.7 billion soms have been allocated. Of this amount, 30-40% should be directed towards supporting women entrepreneurs, while 60% is aimed at regional development.

In addition, entrepreneurs engaged in exports receive assistance from the "Kyrgyz Export" center, which operates under the Ministry of Economy. This center provides consultations on document preparation, organizes participation of domestic companies in international exhibitions and forums, and partially compensates travel expenses abroad.
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