Kazakh Government to Allocate 42 Billion Tenge For Livestock Farming Under Sybaga State Program

Kazakh Government to Allocate 42 Billion Tenge For Livestock Farming Under Sybaga State Program

Kazakh Government will allocate more than 42 billion Tenge for the livestock farming development this year as part of the Sybaga program.

The program will not only support Kazakh cattle farmers but will also promote Kazakhstan into the top five meat exporting leaders.

The Government also plans to allocate over 25 billion Tenge for farming loans. Farmers can now purchase cattle on credit at 4% per annum for 15 years. Previously, the interest rate was set at 14% and the 10% difference is subsidized by the Government.

Last year, the Sybaga program financed credits worth almost 15 million Tenge for about 55,000 livestock. The purebred cattle were brought to Kazakhstan from Canada and the United States.

“Currently, there is a demand for dairy and mixed livestock breeds in Kazakhstan. Kazakh breeders can supply only half of the country’s demand because we don’t have enough livestock to fully cover our needs,” Head of Livestock Breeding Center, Bolat Assylkhanov said.

Meanwhile, the Kazakh Agriculture Ministry officials believe that the Sybaga program will bring genetic improvements in the livestock.

The ministry’s department director, Yerkebulan Akhmetov said it is important to import animals from abroad to increase the number of the breeding stock in Kazakhstan.

“The number of livestock is not increasing in Kazakhstan because local farmers sell their livestock to each other.”

“As part of the Sybaga program, the Agriculture Ministry is planning to purchase 10 to 50 animals per farm from abroad,” he said.

Kazakhstan is planning to import 65,000 cattle in 2019. To date, local farmers have submitted 112 requests to the agricultural ministry to purchase 43,000 cattle.

Under the 10-year Sybaga program, the number of breeding cattle in Kazakhstan is aimed to be increased to eight million.

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