Kazakh government provides 116 bln tenge to support agricultural producersPrime Minister of Kazakhstan Olzhas Bektenov has signed a resolution to allocate over 116 billion tenge from the government’s reserve to support agricultural producers in the republic, the government’s press service said in a press release.The document was signed following the president’s instruction to provide easy-term financing for sowing and harvesting operations in the amount of at least 700 billion tenge.The allocated funds will be used to finance the sowing and harvesting operations of the agricultural producers in 2025 and also their purchase of home-made machinery.The funds will be provided by subsidizing the coupons on bonds issued by Agrarian Credit Corporation JSC and KazAgroFinance JSC in order to finance the acquisition and the leasing of home-made agricultural machinery and to reduce the fees associated with loan guarantee agreements of Damu Entrepreneurship Development Fund JSC, the press service of the government added. (ICE ALMATY)

Fonte notizia: INTERFAX