Business • 16 April, 2020

Lease payments terminated until June 20 for some properties

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Starting March 26, the Ministry of Finance and the Ministry of Foreign Affairs unilaterally terminated the calculation of lease payments until June 20 under 7,701 state property lease agreements. During this period, approximately 1.2 billion tenge will not be received in the republican and local budgets, primeminister.kz says.

This category includes: school canteens, pharmacies in hospitals, clinics, etc.

A similar work is being completed on property that is being leased by the quasi-public sector entities independently within the framework of corporate procedures.

Along with this, the Gosreestr portal (www.gosreestr.kz) has an electronic service for exemption from rental payments. Tenants are informed about this service, it is enough for them to submit an application through the portal.

There are 8,154 lease agreements are registered in the country, the total payment of which is about 432 million tenge monthly. In three months, the business will save about 1.3 billion tenge.

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