Topical issues of public support for agricultural sector of Kazakhstan

Abstract

Due to the specific features inherent in agriculture, public support is a prerequisite for the development of modern agro-industrial production and food market, and achievement of the country's food security. In the context of globalization of socio-economic processes, it is impossible to increase the efficiency and competitiveness of domestic agricultural sector without strengthening public financial assistance. Purpose – main directions of state regulation of agroindustrial complex are considered, which make it possible to stimulate the growth of labor productivity, ensure rational consumption rates, economic and physic al availability of food products, combination of imports and domestic production, and realize export potential. Methods – analytical, comparative analysis, generalization, logistical, systematic approach. Results – it is noted that the State is pursuing a systemic institutional policy. Taking into account international requirements, Kazakhstan is building a new system of financing AIC. Problems that need to be addressed as soon as possible are shown: low solvency of the population, significant difference in the level and quality of life of urban and rural residents, underdeveloped market infrastructure, shortage of qualified specialists in rural areas, the need to improve pricing mechanism, and low degree of investment activity. Conclusions – significant amount of allocated state funds are oriented to support crop and livestock production sectors, modernize agricultural machinery, use modern technologies in order to increase competitiveness of agricultural products in Kazakhstani and international markets. When implementing agricultural policy of the Republic of Kazakhstan, the experience and trends in development of agricultural production in developed countries, its profitability are taken into account.