Kazakh president orders more spending to offset impact of coronavirus

Kazakh president orders more spending to offset impact of coronavirus
  • Clock-gray 20:28
  • calendar-gray 31 March 2020

Kazakh President Kassym-Jomart Tokayev ordered the government on Tuesday to increase state pensions and welfare payouts by 10%, provide more tax breaks for small businesses and boost spending on subsidies, APA reports quoting Reuters. 

The increase in welfare payments will cost more than 200 billion tenge ($446 million), said Tokayev, who also instructed the government to allocate an extra 100 billion tenge ($223 million) toward subsidized loans for farmers. 

Tokayev ordered the cabinet to make more people eligible for emergency monthly payouts of $95 per person and free kits including food products and other basic necessities. 

apa-logo-mini

Other news

Archive

date