Government to include amends in law on KDB, which allows bank to finance working capital of non primary sector enterprisers

/INTERFAX-KAZAKHSTAN, Astana, June 19, 08/ - In nearest future Kazakhstan government will include bill in parliament "On including amends and additions in law "On Kazakhstan Development Bank (KDB), Umirzak Shukeev, Vice Prime Minister of republic informed. "Soon the bill with amends in law "On Kazakhstan Development Bank" will be included in parliament, which is allowing bank to finance working capital production of non primary sector" - he said on the extended meeting of parliament group Nur-Otan in Astana on Thursday. U. Shukeev explained that in compliance with current legislation, KDB can't finance working capital. "But now, we have situation, connected with necessity to complete working assets of non primary sector enterprisers" - he marked thereupon. KDB was founded in 2001 and is the part of state Fund of sustainable development Kazyna JSC, which was crated for improving the system of corporate management of development institutes. KDB provides crediting of medium and long term investments projects in industrial infrastructure and non primary sectors of economy. [2008-06-19]