Today at the Government meeting, the Prime Minister of the Republic of Kazakhstan Bakytzhan Sagintayev gave a number of specific instructions during the consideration of the issue of ensuring price stability for socially important food products.

After listening to the reports of the Ministries of National Economy and Agriculture on the prices of socially important food products, the Prime Minister instructed regional Akims to monitor the implementation of measures to saturate food markets, develop trade infrastructure and eliminate intermediaries. Particular attention should be paid to work in the month of December, in which there are many holidays. This situation should be taken into account and clearly controlled.

B. Sagintayev also noted that, despite the harvest and the available funds on deposit in second-tier banks, the reserves in the Stabilization Funds are not replenished properly. Prices are rising. In some regions, deposits are unchanged in banks, and the Stabilization Funds do not fully perform their work.

The Ministries of National Economy and Agriculture are charged with coordinating and monitoring the dynamics of prices and the formation of Stabilization Funds on an ongoing basis.                

Published: 26 November 2018



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