Financing Kazakhstan's oil and fats industry: key challenges, competitive advantages

The article is devoted to the issues of financing the oil and fat industry of Kazakhstan, identifying key problems and determining the directions of their solution. The oil and fat industry is one of the important components of the agro-industrial complex of the country and plays a significant role in supplying the domestic market with food and increasing export potential. However, in recent years, this food segment is facing a number of factors related to insufficient financial support, low investment attractiveness and limited opportunities for production expansion. The aim is to analyze the sources and structure of budgeting of the oil and fat industry enterprises, including state support, bank loans and attraction of private investment. Methods - monographic, economic and statistical analysis, comparison and synthesis, logical reasoning. The data of statistical reporting served as the information base. Results - scientific approaches and measures of state subsidization of oil and fat mills are considered. The necessity of further improvement of the legislative base and creation of favorable conditions for the inflow of foreign capital into the oil and fats sector as a criterion for increasing the competitiveness of the oil and fats industry of the republic is shown. Conclusions - effective assistance of the state, availability of natural resources and increasing world demand for oilseed crops and products of their processing contribute to capacity building of the oil and fat industry for further growth and development. The results of the research, conclusions and proposals are of interest to researchers and practitioners involved in the organization of exports of agricultural products. The realization of innovative orientation to the technological process will allow to produce high-quality environmentally friendly food products, which enjoy consumer advantages in domestic and foreign markets, to improve the environmental awareness of the population.