10.1 billion tenge Disbursed to Entrepreneurs Affected by Flooding

10.1 billion tenge Disbursed to Entrepreneurs Affected by Flooding

16.11.2024 18:06:18 1067

In accordance with the Rules for compensating property losses incurred by small and medium-sized enterprises (SMEs) as a result of the 2024 flooding, local executive bodies are actively engaged in receiving and reviewing applications from SMEs seeking reimbursement for the damages sustained.
To compensate for entrepreneurs' property losses, the Government has allocated 12.1 billion tenge from its
As of October 1, 2024, small and medium-sized enterprises (SMEs) have submitted 764 applications totaling 15 billion tenge. Positive decisions have been made on 630 applications totaling approximately 12 billion tenge, with payments fully disbursed for 615 applications (80.4% of the total number of applications) amounting to over 10.1 billion tenge.
Decisions to deny compensation payments have been made for 30 applications. For the remaining affected entities, assessment and estimation work is ongoing. Once completed, the applications will be submitted for review by the Regional Commissions.
The highest number of applications was received from Atyrau Region (423 applications) and North Kazakhstan Region (107 applications). 87 applications were received from West Kazakhstan Region, 68 from Kostanay Region, 51 from Aktobe Region, and 28 from Akmolinsk Region.
It is important to note that, according to the Rules, the following items are eligible for reimbursement: the value of lost property (including buildings, structures, and equipment), the value of inventory and materials, and the costs associated with restoration work for damaged buildings and structures.

Source : https://www.gov.kz/memleket/entities/economy/press/news/details/861847