“There are no links to certain individuals or a certain size of the company. Big business receives 29% of support (Export Insurance Company KazakhExport JSC - KazTAG). Our clients are not oligarchs, but export-oriented companies,” Torebayev said at a briefing answering a journalist’s question.
According to him, KazakhExport’s clients are those companies that have factories, their own Kazakh product that needs support: insurance or guarantee.
More than 71% of exporters who, according to the vice minister, received KazakhExport support belong to the group of small and medium-sized businesses (SMEs), in particular, 47% are small business companies and 24% are medium-sized companies.
Photo source: picture from an open source