spent on anti-crisis measures
the largest financial commitment of all Eurasian Economic Union (EAEU) members.
decisions & implementations
were made to protect public health, and mitigate the loss of individual income and business revenues.
received financial assistance
1 million families received food & household items.
1.6 million families had utility tariffs reduced.
2 million borrowers received loan extensions, deferred payments or more favorable terms.
companies, SMEs & entrepreneurs
$1.9 billion of tax relief effectively mitigated the fiscal hardships and deteriorating economic conditions caused by the pandemic.
tax relief for business bottom line.
Income tax exemptions given to entrepreneurs.
Property tax exemptions given to most retail & tourism businesses.
VAT rate for socially significant goods was lowered from 12% to 8% until Oct. 1.
lower interest fixed-rate mortgages
the 5-10-20 plan is part of the Nurly Zher affordable housing program.
new construction housing
planned for 2020.