24.11.2020 15:36 6487
The Mazhilis of the Kazakh Parliament approved the payment for storage of grain reserves from the national budget. This will reduce grain cost, which goes to the market in the form of commodity interventions. The cost for storing 500,000 tonnes of grain from the reserve fund totals at about 2.4 billion tenge (US$5.6 million) per year. The bill was developed by the Parliament members in order to improve the country’s food security. The innovations are also aimed at developing of fodder supplies for livestock and poultry farming and increasing the production of high-quality seeds through the formation of seed and fodder funds.
Kazakh-parliament
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