Financial Violations and Lost Billions: SAC Inspected Agricultural Sector

The Supreme Audit Chamber, at the initiative of the Majilis, conducted an audit of budget fund efficiency in agriculture. Officials found several violations, Orda.kz reports. 

In total, the audit revealed 142 billion tenge of ineffective planning and use of budget funds, two billion tenge of financial violations. Economic losses and lost profits were estimated at five billion tenge,said the SAC head, Alikhan Smailov. 

Almost two billion tenge were reimbursed to the budget. Materials on four facts were transferred to law enforcement agencies, and 322 materials were sent for administrative liability.

We need a simple and transparent algorithm for subsidizing. Based on the final result. As they say, 'implement the task - receive support.' Then inefficient farms, currently staying afloat thanks to subsidies, will give way to conscientious farmers who want to develop. We need to review the list of subsidies, maximizing the effect of the allocated funds, which are aimed at implementing the strategic documents of the industry,added Smailov.   

Smailov says it is necessary to accelerate the introduction of the Gosagro.kz platform into industrial operation and expand its integration with other government systems.

Original Author: Ilya Astakhov