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JSC "Agrarian Credit Corporation" approved applications for spring field work of agricultural products

Agrarian Credit Corporation JSC, within the framework of the republican budget for carrying out activities to support the subjects of the agro-industrial complex, approved applications for a total amount of 26 billion tenge for spring field and harvesting work, which will allow sowing and harvesting more than 1 million hectares of sown area. including, to date, agricultural producers (SHTP) in Akmola, Kostanay and North Kazakhstan regions have been financed for a total amount of more than 15 billion 500 million tenge.

This will allow SHTP to take the necessary measures in a timely manner, such as: purchase of fuels and lubricants; spare parts and materials for the repair of agricultural machinery; mineral fertilizers; plant protection products; payment of insurance premiums for insurance of agricultural products and other activities for sowing and harvesting.

In 2013, under the program of lending to subjects of the agro-industrial complex, the Corporation plans to allocate 40 billion tenge from the republican budget for spring field and harvesting work.

Within the framework of lending for spring field and harvesting works at the expense of funds borrowed from the Republican budget, last year the Corporation financed sowing and harvesting works on an area of ​​more than 1 million 500 thousand hectares for a total amount of over 28 billion tenge.

Reference:

JSC "Agrarian Credit Corporation" is a company established by the Decree of the Government of the Republic of Kazakhstan in 2001. The main goal is to promote the industrialization and diversification of the agricultural sector by developing an affordable system of lending to subjects of the agro-industrial complex of the Republic of Kazakhstan. It is part of the National Managing Holding "KazAgro".

Press Service of JSC "Agrarian Credit Corporation"