Kazakhstan plans to increase volume of fertilizers to 1.9 million tonnes in 2025

According to the Ministry of Agriculture, in March 2024, Kazakhstan introduced a mechanism for advance subsidisation of mineral fertilizers. As part of this measure, budget subsidies are transferred in advance to special accounts of domestic plants, which allows agricultural producers to purchase fertilizers at a reduced cost. This mechanism not only supports farmers, but also contributes to a stable demand for the products of Kazakhstani plants, stimulating the growth of production of in-demand fertilizers, the agrarian department emphasises.

"As a result, by the end of 2024, taking into account the shifting residues, farmers added more than 1.3 million tonnes of fertilizers to the soil, which is 2 times higher than the level of 2023. In 2025, the volume of fertilizers is planned to increase to 1.9 million tonnes. It is also planned to achieve this goal by increasing the volume of domestic fertilizer production and sufficient financing within the framework of ongoing budget programs," the Ministry of Agriculture noted.

According to the Ministry of Industry, 35 billion tenge has been allocated in local budgets to support farmers for subsidizing mineral fertilizers, and 48.4 billion tenge has been additionally allocated from the government reserve. The relevant decree was signed by Prime Minister Olzhas Bektenov.

The resolution was adopted as part of the implementation of the instructions of the head of state to increase the volume of gross agricultural output by 2 times for 2024-2028 and increase the level of mineral fertilizers in the soil to 50% of the scientifically justified demand.

The document provides for the transfer of funds to the administrations of the Abai region, Akmola, East Kazakhstan, Zhambyl, Karaganda, Kostanay, Pavlodar, North Kazakhstan and Turkestan regions in the form of targeted ongoing transfers to subsidize the cost of fertilizers.

Reported by Kapital (Kazakhstan).