ASTANA, Kazakhstan, April 15. As part of the implementation of the instructions from the President of Kazakhstan, the government of the country has allocated 40 billion tenge (approximately $76 million) from the reserve to support agricultural producers, Trend reports.
The corresponding decree has been signed by the Prime Minister of Kazakhstan, Olzhas Bektenov.
"The funds are planned to be used to address a range of tasks, including ensuring the quality of spring fieldwork, freeing up elevator capacities to accept the 2025 harvest, enhancing the competitiveness of Kazakhstan’s grain exports, and exploring new markets," said a statement from the press service of the Prime Minister of Kazakhstan.
As noted by President Kassym-Jomart Tokayev at the first Agricultural Workers Forum in 2024, Kazakhstan's export potential for grain crops is 12 million tons—a large volume and a huge responsibility. The government’s priority is to provide comprehensive support to farmers in selling their products in foreign markets.
"Currently, 10 million tons of this export potential are directed to traditional markets, for which routes have already been established. 2 million tons are directed to new and distant markets," the press service added.
Thus, facilitating the subsidization of transportation cost
mitigation will enable agronomists to strategically export grain to
emerging markets in a timely fashion while optimizing elevator
readiness for the upcoming harvest cycle.
In the interim, leveraging the most recent analytics, from
September 2024 through April of the current fiscal cycle,
Kazakhstan's grain export metrics reached an impressive 6.9 million
tons, reflecting a substantial 54 percent uptick compared to the
analogous timeframe in the 2023/24 agricultural season.
Furthermore, in the fiscal year 2024, the nation achieved an
unprecedented yield of grain, totaling 25.2 million metric tons.
Optimal output metrics were realized through the strategic
implementation of agronomic innovations and conducive
meteorological phenomena.
Concurrently, the internal marketplace necessitates approximately
10 million metric tons.
At present, conventional export pathways encompass Uzbekistan, Tajikistan, Kyrgyzstan, and Afghanistan. The logistical throughput of resources to Iran and Azerbaijan has experienced a notable uptick. Transit pathways traverse the geopolitical landscapes of Russia, Latvia, Lithuania, Estonia, Azerbaijan, Georgia, Turkmenistan, and China.