Bekeshev: The Housing Committee will discuss business loans at 6% per annum on January 19
One of the key points will be the government's proposal to reduce the retention periods for credit information. In particular, it is planned to decrease the retention period for positive credit history from 7 to 5 years, and for negative history from 5 to 3 years. The retention periods for data on debts of liquidated enterprises and for debts up to 10,000 soms will also be discussed.
Additionally, the committee will consider changes to the investment law. Bekeshev noted that after the document was adopted in June 2025, errors were identified that require correction.
The agenda also includes two draft laws concerning voluntary insurance of agricultural crops. The deputy emphasized that this law, in effect since 2009, is not being implemented in practice, and the government intends to subsidize insurance.
The initiative of the government regarding liability for the absence of certification and for violations of certification procedures for goods and services related to the halal category will also be discussed.
Bekeshev added that the committee will review two loan agreements totaling 30 million dollars. One is expected to be obtained from the OPEC Fund for International Development at 1.25% for 20 years with a 5-year grace period, and the second from the ADB and the World Bank for 50 years at 0%. These funds will be directed towards equipping veterinary laboratories, training specialists, supporting private veterinarians, monitoring wildlife, and combating brucellosis and echinococcosis.
The meeting will also discuss a draft government decree on issuing loans to small and medium-sized businesses at an interest rate of 6% per annum for amounts ranging from 1 to 50 million soms for a term of up to 5 years. Special attention will be given to manufacturers of sewing and textile products, as well as startups, for which loans of up to 1 million soms with a 6-month grace period are planned. To subsidize interest rates, the government intends to allocate 300 million soms.
Finally, Bekeshev expressed hope that press services and press secretaries would explain complex regulatory documents in accessible language.
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