Open AccessSTATE REGULATION OF AGRICULTURAL SECTOR OF KAZAKHSTAN
Author(s) -
K. Akhmetova,
А Ж Тержанова,
A. Akhmetova
Publication year - 2020
Publication title -
problemy agrorynka
Language(s) - English
Resource type - Journals
eISSN - 2708-9991
pISSN - 1817-728X
DOI - 10.46666/2020.2708-9991.07
Subject(s) - agriculture , government (linguistics) , business , corporation , work (physics) , state (computer science) , intervention (counseling) , economic policy , finance , economics , mechanical engineering , psychology , ecology , philosophy , linguistics , algorithm , psychiatry , computer science , engineering , biology
The main purpose of the work is to justify the need for public regulation of agricultural sector of the Republic of Kazakhstan, without which it is impossible to solve the tasks assigned to it aimed to ensure food security, supply raw materials to processing industries, and protect the domestic market from imports. The article notes that developed countries also support the agricultural industry, which is influenced by natural and climatic factors, dependent on the problems of green environment, the mandatory use of innovative technologies in practice. At the same time, the authors believe that it is necessary to limit direct government intervention in the economy. It should be focused on improving economic instruments: taxes, tariffs, monetary mechanism. The article provides data on the funds allocated from the republican budget for financing and effective functioning of agricultural enterprises for a number of years. It is determined that the development of agro-industrial complex is interconnected with the activities of development institutions. The problems that have arisen in the practice of their functioning are identified, in particular, this concerns financial resources, issues of granting loans to agricultural economies, monitoring the progress of projects that received loans. The difficulties that arose led to understanding of the need to reorganize this structure. As a result, three financial institutions remained: "Agricultural Lending Corporation" JSC, "KazAgroFinance" JSC and "Agricultural Financial Support Fund" JSC. These changes will contribute to improving the management mechanism of the AIC.