Unified front offices based on the Damu Fund will be opened in the regions, providing consultations on all product lines of Baiterek National Managing Holding

The Ministry of National Economy, the National Bank, and the Agency for Regulation and Development of the Financial Market continue a series of regional meetings to explain the Joint Action Program for 2026–2028.

A series of online meetings dedicated to the implementation of the Joint Action Program of the Government, the National Bank, and the Agency for Regulation and Development of the Financial Market for 2026–2028, aimed at ensuring macroeconomic stability and improving the well-being of the population, is ongoing. The latest online meetings were held for the Pavlodar, East Kazakhstan, West Kazakhstan, Atyrau, Aktobe, Mangystau regions, and the Abai Region. Participants were presented with the program’s key areas: development of non-resource sectors, increased labor productivity, technological modernization, and digitalization of the economy. More than 100 investment projects in the manufacturing industry and the agro-industrial complex are planned to be launched annually, along with the continued implementation of 17 major high-value-added projects in metallurgy, mechanical engineering, petrochemicals, and the agro-industrial complex.

Second-tier banks and Baiterek National Managing Holding will become the main sources of lending to the real sector, as well as key channels for financing economic growth points and industry leaders. Baiterek, transformed into a national investment holding, will focus on 15–20 system-forming projects with the highest multiplier effect. Priority financing areas include mining and metallurgical industries, mechanical engineering, energy, infrastructure, tourism, the agro-industrial complex, food industry, chemicals, petrochemicals, agrochemicals, and building materials production. In the 2026 project portfolio, 42% falls on chemicals and petrochemicals, 19.6% on transport and logistics, 12.1% on energy, 7.1% on the mining and metallurgical complex, and 6.4% on the agro-industrial and food industries. Up to 1 trillion tenge in budget funds is planned to be allocated in 2026 to ensure financing.

The Ministries of Agriculture, Industry, and Construction have already begun identifying growth points and niches with high import-substitution potential. In the agricultural sector alone, more than 200 projects totaling 4 trillion tenge have been selected. Together with regional akimats, these projects will be reviewed by Baiterek National Managing Holding, taking into account the financial sustainability and managerial quality of the companies.

A particular interest among representatives of regional akimats was the “Investment Order” program, scheduled for launch next year. Participants expressed readiness to study its mechanisms in more detail and requested additional clarification—specifically regarding lending conditions, project pool formation principles, and selection criteria. It was also proposed to organize separate meetings with Baiterek for a more detailed discussion of the program’s provisions.

To simplify entrepreneurs’ access to support measures and ensure the provision of all key services through a one-stop-shop model, front offices will be opened based on the regional branches of the Damu Fund. Their concept has already been approved. Front-office specialists will provide consultations on all product lines of Baiterek National Managing Holding, conduct preliminary project screening, and assist in preparing the initial package of documents. This will allow entrepreneurs to receive comprehensive support in one place. Training for employees of the Damu Fund’s regional branches is currently underway.

The National Bank provided detailed clarifications on its areas of work within the Program. Its main focus is on reducing risks in consumer lending and stimulating bank lending to businesses. The Program provides for expanding the use of digital tenge in budgetary transactions and social payments, which will enhance targeting and transparency in the distribution of public funds.

Next year, the Agency for Regulation and Development of the Financial Market will continue implementing prudential measures to increase business lending. Overall, measures will be taken to maximize the involvement of banking resources in lending to the real sector.