In Kyrgyzstan, 10,000 families to receive 100,000 soms to start business

In 2022, 100,000 soms were allocated to 2,800 vulnerable families as part of the social project.

On January 13, Prime Minister of the Kyrgyz Republic Akylbek Japarov reported at a government meeting that the number of participants in the Social Contract project would increase in 2023. He said the number of project participants would reach up to 10,000 vulnerable families, who would receive 100,000 soms on a gratuitous basis, the press office of the Government of Kyrgyzstan reports.

This year the Government plans to provide assistance to about 10,000 families, including free training in financial literacy and the basics of entrepreneurship and business planning, along with financial assistance.

The project was developed on the instructions of President of Kyrgyzstan Sadyr Japarov as a new model for lifting citizens out of poverty. About 3,000 low-income families have received 100,000 soms on a gratuitous basis to start up and support their income-generating business. Today, many families generate a steady monthly income in the agricultural, manufacturing, service and trade sectors.

16 01 2023, 10:56
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