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ORDER OF THE GOVERNMENT OF THE REPUBLIC OF KAZAKHSTAN

of October 28, 2015 No. 848

About approval of the main terms for crediting regional budgets on assistance to development of entrepreneurship in monotowns for 2015 and modification and amendments in some decisions of the Government of the Republic of Kazakhstan

(as amended of the Order of the Government of the Republic of Kazakhstan of 19.04.2016 No. 234)

According to Article 180 of the Budget code of the Republic of Kazakhstan of December 4, 2008, the Law of the Republic of Kazakhstan of November 28, 2014 "About the republican budget for 2015-2017" and the order of the Government of the Republic of Kazakhstan of December 11, 2014 "About implementation of the Law of the Republic of Kazakhstan "About the republican budget for 2015-2017" the Government of the Republic of Kazakhstan DECIDES: No. 1300

1. Approve the enclosed main terms for crediting regional budgets on assistance to development of entrepreneurship in monotowns for 2015.

2. To local executive bodies of areas within ten calendar days after acceptance by the relevant maslikhats of the decisions providing in regional budgets for 2015 the corresponding receipts to provide the specified decisions of maslikhats to the Ministry of Finance of the Republic of Kazakhstan.

3. To provide to the Ministry of Finance of the Republic of Kazakhstan, the Ministry of national economy of the Republic of Kazakhstan in the procedure established by the legislation of the Republic of Kazakhstan:

1) the conclusion of credit agreements with local executive bodies of areas;

2) control of target use and timely return of budget credits to the republican budget.

4. To local executive bodies of areas quarterly, no later than the 10th following the accounting period to provide information on development of budget credits in the Ministry of Finance of the Republic of Kazakhstan and the Ministry of national economy of the Republic of Kazakhstan.

5. To provide to the ministry of national economy of the Republic of Kazakhstan monitoring of development of the budget credits allocated on assistance to development of entrepreneurship in monotowns for 2015.

6. Approve the enclosed changes and additions which are made to some decisions of the Government of the Republic of Kazakhstan.

7. To impose control of execution of this resolution on the Ministry of national economy of the Republic of Kazakhstan.

8. This resolution becomes effective from the date of its first official publication.

Prime Minister of the Republic of Kazakhstan

K. Masimov

Approved by the Order of the Government of the Republic of Kazakhstan of October 28, 2015 No. 848

The main terms for crediting regional budgets on assistance to development of entrepreneurship in monotowns for 2015

1. For loan granting to local executive bodies of areas (further – the borrower) the following main conditions are established:

1) credits to the amount of 1 674 000 000 tenges (one billion six hundred seventy four million), the Republic of Kazakhstan provided by the Law of November 28, 2014 "About the republican budget for 2015-2017" and the order of the Government of the Republic of Kazakhstan of December 11, 2014 No. 1300 "About implementation of the Law of the Republic of Kazakhstan "About the republican budget for 2015-2017", are provided to borrowers for a period of 5 (five) years on 0, 01 percent (zero whole one 100-th) remuneration rate for microcredit of entrepreneurship in monotowns for 2015;

2) the maximum amount of the microcredit for one subject of private entrepreneurship cannot exceed 10 000 000 (ten million) tenges;

3) the period of development of the credits is estimated from the moment of transfer of the credits from the account of the creditor, constitutes 5 (five) years and comes to an end on July 31, 2020.

2. Additional terms on provision, repayment and servicing of the credits are established in the credit agreement according to the Budget code of the Republic of Kazakhstan.

Approved by the Order of the Government of the Republic of Kazakhstan of October 28, 2015 No. 848

Changes and additions which are made to some decisions of the Government of the Republic of Kazakhstan

1. Ceased to be valid according to the Order of the Government of the Republic of Kazakhstan of 19.04.2016 No. 234

2. In the order of the Government of the Republic of Kazakhstan of December 11, 2014 No. 1300 "About implementation of the Law of the Republic of Kazakhstan "About the republican budget for 2015-2017":

4) of item 4 to state the subitem in the following edition:

"4) target current transfers to regional budgets on realization of the current actions in monotowns within the Development program of regions till 2020 and distribution of the amounts of crediting of regional budgets to assistance to development of entrepreneurship in monotowns according to appendix 34 to this resolution.";

in appendix 34:

state heading in the following edition:

"Distribution of the amounts of target current transfers to regional budgets on realization of the current actions in monotowns within the Development program of regions till 2020 and distribution of the amounts of crediting of regional budgets to assistance to development of entrepreneurship in monotowns";

in the table to state heading of the column in the following edition:

     "

No. of payment order

Name of areas

Amount, one thousand tenges

including:







crediting of regional budgets for assistance to development of entrepreneurship in monotowns

subsidizing of interest rate and guaranteeing on the credits of banks for projects implementation within the Single program of support and business development "The road map of business of 2020"

provision of grants on development of new productions within the Single program of support and business development "The road map of business-2020"

Current arrangement

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