IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Jul 2015 | Removal date: open ended
Still in force

State loan

Protocol No. 12 of a meeting held on 13 July 2016 of the Board of Directors of the state company KazAgroFinance approved a range of products eligible for financing under the state-supported financial leasing schemes.

The financial leasing schemes are for:

  • Reclamation equipment of domestic and foreign production (bulldozers, excavators, bucket schedulers, dumping planners, equalisers, pipe layers, backhoe loaders and other land-reclamation equipment, used for agricultural work).
  • Breeding young cattle of domestic and foreign origin.
  • Vehicles (including tractors and trailers) of domestic and foreign manufactures for transportation of agricultural and fishery products as well as their derivatives, and other biological products.

 
In Kazakhstan, KazAgroFinance JSC is the company that is the financial operator for the implementation of the state programs to support of the country's agricultural complex. It ensures that the agricultural producers that belong to Kazakhstan's agricultural compex have access to bank financing and leasing financing (see the last provided source). Hence, its mission conveys the idea that it is focused on the promotion of the local enterprises.
 
No concrete financial sums are mentioned. 
 

AFFECTED COUNTRIES

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