TALDYKORGAN. February 3. KAZINFORM /Sandugash Duisenova/ Damu Fund and second-tier banks of the region have ensured favorable climate for the development of entrepreneurship and implementation of significant projects; the press service of the regional akimat said.  

During 2007-2009 296 projects amounted to KZT 9.2 bln were financed through second-tier banks with participation of Damu Fund. 181 projects to the amount of KZT 2.5 bln were financed within the Damu-Regions Program at the expense of the regional budget and Damu Fund whereas 504 working places were created.

The joint work with Damu Fund on co-financing of projects will be continued in 2010.

Besides, the implementation of a wide range of programs of nonfinancial support for small and medium businesses has already been started. A large-scale program within nonfinancial support for small and medium businesses will be continued in the form of training courses in 2010.