Kazakhstan will allocate more than 107 billion tenge to subsidize livestock this year

Published 2023년 5월 16일

Tridge summary

The Ministry of Agriculture of Kazakhstan has announced changes to the livestock subsidies for 2023, providing 107.6 billion tenge, with 42.2 billion tenge dedicated to beef cattle breeding. The new subsidy rules, under development, aim to exclude certain subsidies for keeping breeding sire and purchasing imported breeding bulls, as well as investment subsidies for building new feedlots. These changes are expected to be approved soon, despite criticism from industry chambers that more than 21,000 farms could lose state support, potentially leading to the slaughter of 15,000 breeding bulls for meat factories. The Ministry remains confident that these changes will not affect the production of meat products, which already meets or exceeds the population's demand for various meats and processed products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Two types of livestock subsidies to be excluded for Kazakh farmers This year, 107.6 billion tenge is provided for subsidizing livestock in Kazakhstan, of which 42.2 billion tenge (39% of the total) is allocated for beef cattle breeding. This was reported by the press service of the Ministry of Agriculture of the Republic of Kazakhstan. It is noted that over the past 5 years, state support for animal husbandry amounted to 556 billion tenge. Including 211 billion tenge, or 38% of the total subsidies, were allocated for the development of beef cattle breeding. According to the information, the Ministry of Agriculture, together with the expert community, representatives of industry associations and chambers, developed a draft of new subsidizing rules, which, among other things, provides for the exclusion of 2 areas of subsidies from 7 existing in beef cattle breeding: keeping a breeding sire (rent of steers) and purchasing an imported breeding bull livestock of cattle, corresponding ...
Source: Agrosektor

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