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Kazakhstan to allocate $20 billion on agricultural development

Business Materials 10 October 2012 17:12 (UTC +04:00)
Kazakhstan will allocate 3 trillion tenge (roughly $20 billion) to Agribusiness 2020 program

Azerbaijan, Baku, Oct. 10 / Trend E. Kosolapova/

Kazakhstan will allocate 3 trillion tenge (roughly $20 billion) to Agribusiness 2020 program, spokesman for the Kazakh Agriculture Ministry Eugene Aman said at agro-industrial complex council meeting on Wednesday, Kazinform reported.

Agribusiness 2020 program is aimed at Kazakhstan's agro-industrial complex support and development in 2013-2020.

Aman added that the program envisages financial recovery of agro-industrial enterprises, increasing the availability of goods and services for farmers, development of public support systems for agro-industrial enterprises and state government system efficiency enhancing.

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