Methods for Financial Recovery of Agricultural Enterprises in Kazakhstan
Year: 2024
Type: article
Abstract: The study of techniques of financial recovery of agricultural formations in the Republic of Kazakhstan is important for the country's economy since the agro-industrial complex must be stable and sustainable. Agriculture is important to Kazakhstan's socioeconomic growth since it employs a large portion of the people, contributes to food security, and accounts for a considerable portion of GDP and exports. The study's goal is to develop and test effective financial rehabilitation methods for agricultural enterprises in the Republic of Kazakhstan in order to restore their financial stability, increase competitiveness, and ensure the agroindustrial complex's long-term development. During the study, an analysis of existing approaches to financial recovery was conducted, international experience was studied, problems and characteristics of agricultural formations in Kazakhstan were identified, and specific recommendations were proposed to improve the measures implemented, taking into account national economic conditions and agricultural specifics. The use of comprehensive methods of financial recovery, including debt restructuring, government support, the introduction of innovative technologies and increased operational efficiency, will significantly increase the financial stability of agricultural enterprises in the Republic of Kazakhstan.
Authors: R. Sarbassova, B. Aimurzina, S. Сelik
Language: English
Subfield: Agronomy and Crop Science
Domain: Life Sciences
Open Access status: diamond
OpenAlex ID: W4407223955