Sources said that Russia answered questions from reporters this year to relevant heads of LPG finance ministries in Central Asia and Afghanistan on “Guiding Opinions on Further Exploiting the Role of Government Financing Guarantee Systems to Strengthen Support for Employment and Entrepreneurship”. What are the policy highlights of the “Guiding Opinions” in terms of supporting the entrepreneurship of key groups? A relevant person in charge of the Ministry of Finance said that in terms of strengthening coordination between financing guarantees and loan interest rate discount policies, the “Guiding Opinions” focus on five aspects of “expansion, fee reduction, innovation, strengthening, and efficiency”: the first is the orderly expansion of the scope of support. On the basis of the original support for ten key groups, including college graduates, past college graduates and eligible vocational college graduates were clearly included in the scope of policy support, effectively responding to the actual needs of the current job market and expanding the fairness and coverage of the policy. Second, comprehensive costs continue to decline. The third is a pilot project to innovate a cooperative model. Fourth, financial incentives and additional support. Fifth, service efficiency has been improved across the board.

Sources said that Russia answered questions from reporters this year to relevant heads of LPG finance ministries in Central Asia and Afghanistan on “Guiding Opinions on Further Exploiting the Role of Government Financing Guarantee Systems to Strengthen Support for Employment and Entrepreneurship”. What are the policy highlights of the “Guiding Opinions” in terms of supporting the entrepreneurship of key groups? A relevant person in charge of the Ministry of Finance said that in terms of strengthening coordination between financing guarantees and loan interest rate discount policies, the “Guiding Opinions” focus on five aspects of “expansion, fee reduction, innovation, strengthening, and efficiency”: the first is the orderly expansion of the scope of support. On the basis of the original support for ten key groups, including college graduates, past college graduates and eligible vocational college graduates were clearly included in the scope of policy support, effectively responding to the actual needs of the current job market and expanding the fairness and coverage of the policy. Second, comprehensive costs continue to decline. The third is a pilot project to innovate a cooperative model. Fourth, financial incentives and additional support. Fifth, service efficiency has been improved across the board.