Subventions

Kazakhstan approves 1,500 state subsidy bids for agro industry

Kazakhstan approved 1,420 bids of the entities of the agro-industrial complex for getting the grants from the operator of the investment subsidy program – Kazagromarketing company in the first nine months of 2015, the company said Nov. 24.

The cost of the projects on the approved bids amounted to 24.8 billion tenge (307.21 tenge = $ 1). The amount of the approved subsidies reaches 4.9 billion tenge.

Agriculture Ministry of Kazakhstan intends to increase efficiency of crop farming subsidies

A new subsidizing mechanism will increase the efficiency of crop industry, Minister of Agriculture Assylzhan Mamytbekov has said.

"We are soon planning to make necessary changes to the budget, that will increase the efficiency of crop subsidies in 2016," Mamytbekov said at the CCS briefing.

According to him, the same changes will be made to the cattle breeding subsidies.

2010-2014 National Program of forced industrial and innovative development of the Republic of Kazakhstan

Decree of the President of the Republic of Kazakhstan dated March 19, 2010 # 958

In order to obtain diversification and improve competitive ability of economy of the Republic of Kazakhstan for long-run period I DECREE:

1. Confirmation of the 2010-2014 National Program of forced industrial and innovative development of the Republic of Kazakhstan (hereinafter referred to as the Program).