Rustam Karagoyshin Holds Strategic Session in Almaty

Rustam Karagoyshin, Chairman of the Management Board of ‘Baiterek’ National Managing Holding JSC, held a strategic session in Almaty with the participation of the Holding’s subsidiaries — Entrepreneurship Development Fund ‘Damu’ JSC and Otbasy Bank JSC.

The main topic of the event was the discussion of plans and priority areas of the Holding’s activities for 2025. Rustam Karagoyshin gave a detailed overview of the systemic support measures being implemented through the development institutions that are part of the ‘Baiterek’ Holding. In line with the Government's goal of achieving 7% GDP growth in 2025, the Holding plans to allocate approximately KZT 8 trillion to finance entrepreneurship, housing construction, and priority investment projects. This amount is expected to increase to KZT 10 trillion by 2027.

“One of the key tasks set before us by the Government is to curb inflation and ensure sustainable economic growth. ‘Baiterek’ Holding and its development institutions are creating the necessary tools and conditions to enable businesses to operate effectively and contribute to achieving common national goals,” noted Rustam Karagoyshin.

Special attention was paid to the expansion of guarantee support instruments through the creation of Guarantee Funds for large businesses and SMEs, as well as to incentivizing businesses by equalizing the interest rate for end borrowers at 12.6%.

Following the meeting, appropriate instructions were issued to systematize the proposals presented and to continue active work in this direction.