Kazakhstan: Government Allocates 116 Billion Tenge to Support Farmers
Photo: Pixabay.com, illustrative purposes
To support farmers with preferential loans, almost 116 billion tenge were allocated from the government reserve, Orda.kz reports.
The funds will be used to finance sowing and harvesting work and purchase domestic agricultural machinery:
The finances will come through subsidizing coupon interest on bonds of JSC Agrarian Credit Corporation, JSC KazAgroFinance and reducing the cost of guarantee fees, The Cabinet of Ministers' press service reported.
In December 2024, 100 billion tenge were allocated for the same purposes.
Original Author: Zarina Fayzulina
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
