Kazakhstan unsecured stabilization funds to regulate prices before New Year holidays

Published 2024년 12월 9일

Tridge summary

The Kazakh government has started delivering vegetables from stabilization funds to markets at affordable prices ahead of the New Year holidays. The Ministry of Agriculture has sold 13.4 thousand tons of the formed vegetable reserves, including potatoes, carrots, onions, and cabbage. This initiative aims to control food inflation and ensure the availability of basic vegetables. The National Bank of Kazakhstan predicts an inflation rate of 8-9% by the end of the year.
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Original content

The Kazakh authorities have begun deliveries of vegetables from stabilization funds to markets to provide the population with products at affordable prices before the New Year holidays. This was reported by the press service of the government of the republic. "To contain food inflation in the regions, the release of vegetable reserves has already begun. According to the Ministry of Agriculture, 13.4 thousand tons of the formed vegetable reserves in the amount of 159.6 thousand tons have already been sold. Most of all, potatoes - 7.2 thousand tons, carrots - 2.1 thousand tons, onions - 2.2 thousand tons, cabbage - 1.7 thousand tons," the report says. Deputy Prime Minister of Kazakhstan Serik Zhumangarin instructed the Ministry of Agriculture, together with the regions, to ensure price stability and the availability of the required volume of basic vegetables on the shelves, including greenhouse ones, especially in the pre-holiday days. "The supply of vegetables from the reserves ...
Source: Kvedomosti

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