FINANCING THE AGRICULTURAL SECTOR OF KAZAKHSTAN IN MODERN CONDITIONS

The Government of Kazakhstan carries out systematic work on state regulation and financial support for the development of agriculture and the agro-industrial complex as a whole. The importance of the agro-industrial complex increases in the conditions of implementation of the third wave of modernization of the agrarian sector and creation of a new growth model, which was proposed by the President of the country. In the conditions of the new global reality, the priority role is given to the accelerated development of the agrarian sector - in the long term the driver of the national economy. This article considers the main aspects of state support and directions of financing of the agrarian sector of Kazakhstan and proposes measures to improve the efficiency and competitiveness of this industry. Food security of the country depends on the level of agricultural development. The development of the economy of the agrarian sector of the country today largely depends on natural and climatic conditions, the global financial crisis, geopolitical situation in the CIS countries connected by certain integration relations. The authors emphasize the directions of financial support, problems of credit availability and investment attraction. The analysis of implementation of various state programs, volumes and sources of financing is given. In conclusion the directions of financial support of small and medium-sized farms, introduction of innovations and digitalization, development of risk insurance system and scientific research are given. The proposed measures are aimed at creating favorable conditions for the development of agriculture in Kazakhstan and improving its financial condition and competitiveness.