Solving the problem of chronic underfunding of the industry, the state has significantly increased spending on agriculture this year. We have moved away from the complex and opaque scheme of providing loans through subsidizing interest rates. Now farmers receive preferential loans for spring field and harvesting work directly at a rate of 5%. For the first time, the volume of such loans exceeded half a trillion tenge (580 billion tenge, previously 180 billion tenge), subsequently it will be increased to one and a half trillion tenge. The yield of grain crops this year amounted to 16 quintals per hectare, which is significantly higher than the long-term average values. 40 or more quintals per hectare were harvested from some fields with a sufficiently high quality and gluten level (32%). This was made possible through the use of modern agricultural technologies, the use of high-quality seeds, fertilizers and pesticides, as well as the renovation of agricultural machinery. Now the task is to preserve the harvested crop and prevent a collapse in prices for it. I instruct the Government to organize, through the Food Corporation, the purchase of grain from farmers in volumes sufficient to maintain acceptable prices on the market. In order to free up storage capacity in grain-growing regions, the Ministries of Agriculture and Transport should promptly ensure the movement of grain to other areas. The coordinated work of the akims of the regions is necessary here. The key to a rich harvest is timely financing of sowing and harvesting operations. Every year, farmers experienced difficulties with sowing due to delays in payments. Therefore, on my instructions, preferential loans for spring field work will be available from December this year. As a result, farmers will be able to purchase fuel, spare parts, and other necessary goods and services in advance. In my Message, I spoke about the need to attract private investment into the industry. It is necessary to gradually reduce state subsidies to the agro-industrial complex and stimulate concessional lending to agriculture by banks. Domestic financial institutions should provide agro-enterprises with the opportunity to receive "long" and affordable funds"

Source : https://www.gov.kz/memleket/entities/moa/press/news/details/884284