ASTANA, Kazakhstan, August 13. For the first
time, a record 700 billion tenge (approximately $1.26 billion) has
been allocated for fieldwork in 2025, said Deputy Prime
Minister–Minister of National Economy Serik Zhumangarin at a
briefing, Trend
reports via the press service of the Prime Minister of the Republic
of Kazakhstan.
The Vice Prime Minister noted that in the context of governmental
strategy, initiatives to bolster the agro-industrial complex (AIC)
are currently being executed, with the objective of enhancing the
sector's resilience and operational efficacy.
“Every year, working capital for sowing and harvesting operations
is financed at a preferential rate of 5 percent. For the first
time, a record 700 billion tenge (about $1.26 billion) has been
allocated for fieldwork in 2025 and 250 billion tenge (about $450
million) for leasing domestic agricultural machinery. Financing of
the sowing campaign began as early as November last year,” noted
Zhumangarin.
Today, a press conference is taking place in the Government of
Kazakhstan with the participation of Deputy Prime Minister and
Minister of National Economy of the Republic of Kazakhstan Serik
Zhumangarin. The topic is the progress in fulfilling the
instructions of the President of Kazakhstan and the results of the
country’s socio-economic development over 7 months.
PremiumKazakhstan sees record investment in agricultural fieldwork for 2025
Kazakhstan’s Deputy Prime Minister Serik Zhumangarin announced a record budget allocation for fieldwork in 2025 and additional funding for leasing domestic agricultural machinery. These measures support the agro-industrial complex through preferential financing for sowing and harvesting operations, aiming to enhance the sector’s stability and efficiency.
