PM highlights need to provide farmers with sufficient volumes of high-quality seeds

Prime Minister Olzhas Bektenov set a number of tasks to the Cabinet ahead of the upcoming spring sowing campaign, Kazinform News Agency reports.

photo: QAZINFORM

He said that special attention should be given to expanding the area of land for seeding high-income crops, primarily those oriented towards export and possessing high market demand.

“This year the volume of funding for field works has been raised to 700 billion tenge. The volume of funding for leasing services increased to 200 billion tenge. Over 400,000 tons of beneficial diesel fuel has already been allocated. Thus, the state has launched all required necessary measures to successfully hold the sowing campaign,” he stressed.

He tasked the Ministry of Agriculture to provide preferential loans only to support effective and honest farmers, while local administrations should constantly monitor appropriate use of the funds allocated.

The Prime Minister then said that the agrarians must be provided with sufficient volumes of high-quality and checked seeds.

“During the sowing period, it is important to strictly adhere to agricultural technologies, to ensure timely application of fertilizers and plant protection products. So far, the fertilizing plan makes 59% of the scientifically based norm. As the Minister reported, in 2023 the plan was 21%, last year we reached 40%, this year we will increase it to 59%. In the coming years, we should reach 100%,” he said.

According to him, more than 10 seed companies are operating in Kazakhstan today. The Ministry of Agriculture and the Ministry of Industry were tasked to coordinate their work in provision of farmers with sufficient volume of fertilizers.

The Ministry of Agriculture jointly with Baiterek Holding were tasked to optimize and simplify lending and subsidizing procedures in order to support the farmers.

The Ministry of Energy and the Ministry of Agriculture as well as local administrations were tasked to ensure control over cheap fuel supplies.

The Ministry of Water Resources and the Ministry of Agriculture as well as the akimats were set a task to supply irrigation water to the farmers uninterruptedly.

Previously, it was reported that the Kazakh government suggests setting minimum standard VAT rate at 16%. Deputy Prime Minister-Minister of National Economy Serik Zhumangarin believes that tax increase may result in additional inflation up to 3%.