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    Home > Food News > Food Articles > The total agricultural output value of Kazakhstan exceeds 6 trillion tenge

    The total agricultural output value of Kazakhstan exceeds 6 trillion tenge

    • Last Update: 2021-06-21
    • Source: Internet
    • Author: User
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    Kazakh News Agency/Nursultan/June 14 - According to the Ministry of Agriculture of Kazakhstan , in 2020, the total agricultural output value of Kazakhstan will reach 6.
    3 trillion tenge ($15.
    25 billion), an increase of 5.
    7%, leading the Eurasian Economic Union Other member states
    .
     
    Food production increased by 4% throughout the year, fixed asset investment in agriculture increased by 15%, and investment in food production increased by 13.
    5%
    .
    The total investment in the agro-industrial complex reached 677.
    2 billion tenge, which was higher than the planned target of 154.
    2 billion tenge
    .

     
    Although the agricultural sector is facing the problem of insufficient funding, thanks to the anti-crisis measures implemented by the government, the amount of agricultural subsidies in 2020 will increase to 366 billion tenge, 1.
    6 times the amount in 2016
    .
     
    The agricultural subsidy procedures have been simplified and fully automated to the greatest extent to ensure the transparency of subsidy issuance
    .
    By adjusting the subsidy standards, the coverage of small and medium-sized farmers has been expanded
    .

     
    At present, all plantation subsidies are subject to uniform rules, and the scale of plant protection product subsidies has been expanded.
    Herbicides and other pesticides can enjoy subsidies
    .
     
    Another reform is that farmers can apply for subsidies within 12 months from the date of purchasing seeds, fertilizers, and pesticides, instead of applying in accordance with the calendar year
    .

    Ministry of Agriculture
     
    Food production increased by 4% throughout the year, fixed asset investment in agriculture increased by 15%, and investment in food production increased by 13.
    5%
    .
    The total investment in the agro-industrial complex reached 677.
    2 billion tenge, which was higher than the planned target of 154.
    2 billion tenge
    .

     
    Although the agricultural sector is facing the problem of insufficient funding, thanks to the anti-crisis measures implemented by the government, the amount of agricultural subsidies in 2020 will increase to 366 billion tenge, 1.
    6 times the amount in 2016
    .
     
    The agricultural subsidy procedures have been simplified and fully automated to the greatest extent to ensure the transparency of subsidy issuance
    .
    By adjusting the subsidy standards, the coverage of small and medium-sized farmers has been expanded
    .

     
      At present, all plantation subsidies are subject to uniform rules, and the scale of plant protection product subsidies has been expanded.
    Herbicides and other pesticides can enjoy subsidies
    .
     
      Another reform is that farmers can apply for subsidies within 12 months from the date of purchasing seeds, fertilizers, and pesticides, instead of applying in accordance with the calendar year
    .
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