OREANDA-NEWS. KazAgroFinance JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following statement:

"..."KazAgroFinance" JSC announces the receipt of applications and documents from clients to subsidize interest rates on loan/leasing contracts. Under the terms of the interest rate program on loans for working capital and acquisition of fixed assets, construction and leasing for the purchase of manufacturing equipment and agricultural machinery reduced by 7% per annum, in turn, the interest rate on contracts for the purchase of agricultural machinery and equipment in the livestock sector and fodder production is reduced by 10% (with confirmation of having at least 50 conventional heads of farm animals), or the presence of land used for growing fodder crops). That, in general, is a significant measure of state support for the development of fodder production and the agricultural sector as a whole".