In addition, according to the new proposal by the Ministry, SBCs may become part of a new mechanism for credit guarantees. They are represented in Figure 2.3, which does not pretend to be all-inclusive but is intended to illustrate the complexity of the financial arrangements in support of the agro-food sector in Kazakhstan. The dimmed parts of the figure do not concern actual monetary transfers to the policy beneficiaries, but correspond to financial flows that support the provision of general services, such as research, education, information, land and water management, and SPS services. The highlighted parts of the figure indicate the actual monetary flows directed to the beneficiaries of agricultural policy, and are discussed below. The republican budget also includes annual “guaranteed” and ad hoc (targeted) transfers from the National Fund.3The purpose of targeted transfers is determined by the President based on the government’s proposals, the targeted use of these funds is strictly controlled. Local administrations and KazAgro agencies are the main channels through which actual money transfers reach agricultural producers.