Main directions of financing agriculture in accordance with the parameters of the three-year budget

The article examines the main parameters of the republican budget for 2021–2023, which were approved on December 2, 2020, in conjunction with the forecast indicators of the socio-economic development of Kazakhstan for 2021–2025, taking into account the updated forecast of macroeconomic indicators for 2020. The issues of the formation of the republican budget on the basis of the basic scenario of the country's economic development are considered. A sufficiently detailed comparative characteristic of the volume and structure of income sources of the republican budget with the allocation of the most significant receipts in the structure of income has been studied and presented. The volume, structure and main directions of financing the costs of the republican budget in the context of the main functional groups of the budget are comparatively analyzed. The main budgetary programs for financing agriculture are highlighted in more detail. It is noted that there is a slight decrease in funding for the main budget programs. For such programs as improving the availability of financial services, the availability of knowledge and scientific research for 2023, there is no provision for allocating funds from the republican budget at all. It is noted that the reduction in the volume of budget financing with a simultaneous decrease in the amount of budget lending may lead not to growth, but to a decrease in the volume of gross agricultural output.

1. Prognoz social'no-jekonomicheskogo razvitija Respubliki Kazahstan na 2021-2025 gody, odobrennyj na zasedanii Pravitel'stva RK, protokol № 31 ot 25 avgusta 2020 goda [Forecast of socio-economic development of the Republic of Kazakhstan for 2021-2025, approved at a meeting of the Government of the Republic of Kazakhstan, Minutes No. 31 dated August 25, 2020.]. [Jelektronnyj resurs]. 2020. http://www.akorda.kz (data obrashhenija 20.12.2020).

2. Musgrave Richard A. (1959) The Theory of Public Finance. New York: McGraw-Hill.

3. Richard Tresch (2014) Public Finance, Academic Press. California.

4. James D. Gwartney (2008) “Economics: Private & Public Choice, 11th Edition, South-Western College, USA.

5. Reynolds, Morgan, Eugene Smolensky (1977) Public Expenditures, Taxes, and the Distribution of Income, Academic Press, New York.

6. Shenggen Fan (2008). Lessons from Developing Countries. Public expenditures, growth, and poverty, Issue Brief 51.

7. Balisacan A, Chakravorty U, Majah-Leah Ravago (2014) Sustainable Economic Development, Academic Press, NY.

8. Zakon RK «O respublikanskom bjudzhete na 2021-2023 gody» ot 2 dekabrja 2020 goda № 279-VI ZRK [Law of the Republic of Kazakhstan "On the Republican Budget for 2021-2023" dated December 2, 2020 No. 279-VI ЗРК]. [Jelektronnyj resurs]. – http://www.akorda.kz (data obrashhenija 20.12.2020).

9. Vystuplenie ministra nacional'noj jekonomiki Dalenova R.E. po PSJeR RK na 2021–2025 gody na zasedanii Mazhilisa RK [Speech by the Minister of National Economy R.E.Dalenov on the PSED RK for 2021- 2025 at a meeting of the Mazhilis of the RK] .