Prodcorporation allocated over KZT 11 bln to Kazakhstani agrarians
13 June, 2014 12:15
Prodcorporation financed 1600 applications amounting to over 11 billion tenge under the program of forward purchase of wheat The total acreage requiring funding exceeds 1.8 million hectares.
As of June 12, 2014, more than 700 applications of farmers in Kostanay region received funding worth 4 billion tenge. More than 600 farmers in Akmola region also got financing worth 4 billion tenge. More than 1.2 billion tenge were allocated to finance 84 applications in North Kazakhstan region.
According to the holding, farmers from Aktobe, East Kazakhstan, Karaganda and Pavlodar regions also participate in the forward purchase program.
As explained in the "KazAgro", in accordance with the decision of the State Commission for Economic Modernization of March 17, 2014, 14 billion tenge is allocated from the national budget this year to conduct a forward purchase of wheat and / or barley.
