Kazakh government allocates 7 billion tenge to support grain exports

Kazakh government allocates 7 billion tenge to support grain exports

The Kazakh government has allocated an additional 7 billion tenge to support grain exports. This funding was needed due to a strong harvest and rising demand for Kazakh grain from foreign buyers. The funds will be used to subsidize transportation costs and encourage shipments to priority international markets. Notably, more than 30 billion tenge had already been allocated from the government’s reserve this year to subsidize logistics. This support enabled Kazakh products to enter new export destinations, restore supplies to previously lost markets, and increase export volumes via alternative routes. As a result, shipments to new and restored markets have exceeded 2.5 million tonnes.