Livestock Sector to Gain Access to Preferential Loans at 5% Interest

The Ministry of Agriculture of Kazakhstan, in cooperation with the Baiterek National Holding, is launching a new support mechanism for the livestock sector. The initiative focuses on providing affordable financing for feedlots at a fixed rate of 5% per annum. According to the Ministry, 50 billion tenge will be allocated for this purpose.

To increase loan accessibility, the Damu Entrepreneurship Development Fund will be involved in providing loan guarantees. This is expected to significantly ease access to credit for agricultural producers.

The issue of preferential financing was discussed at an expanded board meeting of the Ministry. During the session, the Ministry summarized the results of current state support programs. To date, 7,230 agricultural enterprises have received funding totaling 468.2 billion tenge for spring fieldwork and harvesting campaigns, covering an area of 7.5 million hectares.

Under the loan guarantee program of the Damu Fund, 1,226 guarantees were issued for a total of 212.8 billion tenge, ensuring a steady inflow of credit into the agro-industrial sector.

Simultaneously, the preferential leasing program for agricultural machinery continues to operate. For 2025, 250 billion tenge has been allocated, which will allow the purchase of at least 6,000 units of equipment. Since the opening of applications on February 24, 3,640 applications have been submitted totaling 140.1 billion tenge.

To support the processing sector, the Ministry introduced a mechanism for subsidizing financial institutions, reducing the cost of working capital loans to 5% per annum. More than 44 billion tenge will be directed to this initiative through the Agrarian Credit Corporation.

Minister of Agriculture Aidarbek Saparov emphasized that the priority remains sustainable growth and technological renewal of the agricultural sector. He noted that all state support measures must be aimed at concrete outcomes — increasing yields, productivity, and the export potential of Kazakhstan's agriculture.

Following the meeting, the Ministry, Baiterek, and the Agrarian Credit Corporation were tasked with finalizing the launch of the new financing program for livestock farms. Additionally, the existing "Ken Dala-2" program will be expanded to include support for greenhouses and orchards.

Furthermore, emphasis will be placed on ensuring loan repayment and strict control over targeted use of funds to maximize the effectiveness of public investment.