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Government allocates Aiyl Bank, State Mortgage Company 1 bln soms each

This year, 1 billion soms was allocated from the budget to Aiyl Bank and the State Mortgage Company. The Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziyev announced this at a government meeting today.

According to him, it was decided to hold capitalization of Ayil Bank to finance projects in agriculture. The State Mortgage Company received money for the construction of economy-class housing. In addition, to support entrepreneurs in the regions, the capital of the Guarantee Fund was increased by 300 million soms.

«The State Insurance Organization was additionally allocated 100 million soms, the State Inspectorate for Veterinary and Phytosanitary Safety got 215 million soms to complete the construction of new laboratories. We allocated 150 million soms to provide the schools with Internet. Kyrgyztelecom OJSC should connect all schools to the Internet by the end of the year. In addition, other 31 million soms were allocated for school computerization,» Mukhammedkaly Abylgaziev told.