More than 400 agricultural cooperatives established under "Auyl Amanaty" programme

The implementation of the programme "Auyl Amanaty" was considered at a meeting chaired by Deputy Prime Minister Serik Zhumangarin. More than 400 agricultural cooperatives have been established under the programme. 319 received funding for 6.7 billion tenge, El.kz cites primeminister.kz.

To date, agricultural co-operatives have access to all measures of state support on equal terms with other agricultural producers, including at the expense of local budgets.

In particular, in order to stimulate the establishment of cooperatives and support them, the "Auyl Amanaty" programme provides for loans of up to 8,000 monthly installments. 

The Ministry of Agriculture has also developed mechanisms for issuing agricultural equipment to cooperatives, and amendments and additions are planned to the Rules of microcrediting in rural settlements and small towns. 

The Rules of investment subsidies provide for priority and increased norms for subsidising the cost of certain types of agricultural machinery and equipment for agricultural cooperatives up to 50% at the expense of the local budget. In the Tax Code a special tax regime providing for a 70% privilege on all taxes is envisaged.

At the end of the meeting Serik Zhumangarin instructed to intensify work on the creation of agricultural cooperatives in the regions. 

We would like to add that to date 14.4 thousand microcredits to the amount of 90.7 billion tenge have been issued to the participants of "Auyl Amanaty". 80% of funds are directed on cattle breeding, 4% on crop production, 5 % on purchase of machinery and equipment and 11% on other spheres of activity. Tax revenues under the programme amounted to 1.3 billion tenge. 16,000 new jobs were created. 

This year, 80 billion tenge is envisaged for the implementation of the programme, 10,800 microcredits will be issued, and more than 18,000 jobs will be created.

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