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Over 3 thousand applications worth 65 billion tenge were received from agriculture producers, according to the National Holding “KazAgro”. “This year under credit programs, “KazAgro” approved over 3 thousand applications worth 65 billion tenge. Total cultivation area will be 6,3 million hectares which is 17% higher than in 2014,” statement reads.Read more...
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The funds allocated, for subsidizing agriculture sector from the Republican Budget, exceeded the volume of 2013 by 1,7 times, Finance Minister Bakhyt Sultanov has said at meeting of chambers of the Parliament of Kazakhstan, at which they considered the Government’s report on execution of the Republican budget for 2014.
“In 2014 the volume of subsidies reached 149 billion tenge, which is 1,7 times higher than in 2013. 70 billion tenge of which was designated for plant breeding, 50 billion tenge for cattle breeding,” Sultanov said.Read more...