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Financing of Nurly Zher program planned to be increased by 20 bn tenge per annum

13.03.2018 Astana. March 13. KazTAG - Financing of Nurly Zher housing program is planned to be increased by 20 bn tenge per annum in order to perform the initiative of Kazakhstan's president Nursultan Nazarbayev 7-20-25 for depreciation of mortgage crediting and extension of crediting terms, said Timur Suleimenov, minister of national economy of Kazakhstan.
"We plan to consider increase of financing of Nurly Zher program to 20 bn tenge per annum for infrastructure and update it taking in account the norms of the program 7-20-25," he said at the session of the Government.
He said a special affiliated organization of redemption of mortgage  credits within the frameworks of 7-20-25 will be created until July.