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President has set a goal to boost state support to the agriculture sector 4.5 times

14 december 2012, 19:19
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Kazakhstan President Nursultan Nazarbayev. Tengrinews.kz stock photo
Kazakhstan President Nursultan Nazarbayev. Tengrinews.kz stock photo
In his new Keynote Address titled Kazakhstan-2050 Strategy published on his official website December 14, President Nazarbayev has tasked his government with coming up with a strategy to develop the country’s agriculture before 2020.

“I task the government to adopt a program as early as in 2013”.

President has set a goal to boost state support to the agriculture sector 4.5 times, introducing new incentives to run middle-sized and large-scaled farming entities that would implement world’s advanced technology. Besides, he suggests raising land tax rates for lands that will not be properly used for farming purposes after a certain period following obtainment of such lands.

President believes it important to define “what export-oriented products should be placed bets on … to tap global markets”.

“The measures should result in the share of agriculture in the GDP growing 5-fold by 2050”, he sums up.

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