As of October 9, 2024, at least 18,076 families are participating in the Social Contract program. The Ministry of Labor, Social Security and Migration informed 24.kg news agency.
A social contract is an agreement between a low-income family and a territorial division of the Ministry of Labor. The family receives 100,000 soms for the development of a small business, but at the same time loses the right to ui-bulogo komok allowance for three years.
At the end of August 2024, Aiyl Bank and Eldik Bank began providing preferential loans to participants of the Social Contract program. The total lending volume for this year is 200 million soms.
According to the Ministry of Finance, 17 funding recipients in the republic were provided with loans for a total of 3.15 million soms by October 3, 2024.
In May, President Sadyr Japarov announced that 2 billion soms would be allocated for the implementation of the Social Contract program in 2024. In 2022, at least 2,800 families participated in the project, and 10,000 — in 2023. In 2024, it is planned to provide assistance to 20,000 families based on the social contract.
