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The Government Commission for the elimination of consequences caused as a result of unrest in certain regions has approved the mechanism for compensation of damage to SME representatives. Funds from the Government’s reserve will be directed to local executive bodies for making payments to business entities. This was reported by MIA “Kazinform” with reference to Primeminister.kz .
The damage will be compensated for real estate, movable property, as well as for lost (stolen) inventory items. Compensation for damaged real estate will be carried out on the basis of a confirmed estimate documentation.
For damaged or destroyed movable property and inventory items, compensation will be made according to an assessment prepared by appraisal and audit companies determined by the akimat and/or the Strength in Unity Fund for supporting the affected businesses.