The government has revised the mechanisms of price stabilization

The country intends to strengthen support for producers of popular food products to reduce inflation. Prime Minister A. Smailov said that the government has already revised all mechanisms of price stabilization, World of NAN reports.

According to the press service of the Cabinet of Ministers, the issues of stabilizing the prices of socially important food products were discussed at the national headquarters. In order to reduce inflation by half, the Ministry of Trade has developed a new approach to support producers of food products, which make the greatest contribution to the growth of SIFP prices. This includes beef, sunflower and butter, rice, sugar and vegetables. To date, 78 major producers have been identified. The new algorithm will provide a focused approach to each product, from production and storage to sales.

Support measures will differ, based on the specifics of production and current problematic issues of enterprises. Prices for vegetable group of goods will be regulated by entering into forward contracts with SEC. At the same time it is planned to conduct all the work through a special information system that will cover the activities of regional SECs, "Prodkorporatsiya" and their partners. This system of traceability of goods will be an "electronic mirror" of the work on price stabilization.

Prime Minister stressed that in general cabbage price rose by 22.3%, carrots - 10.8%, onions - 9.6%, potatoes - 6.6% during May alone, indicating ineffective work on the ground to provide the market with vegetables during off-season.

"The government has reviewed all price stabilization mechanisms, made appropriate changes in industry regulations and legislation. All this organizational work is carried out jointly with the akimats. At the same time, one of the factors of price growth is the lack of contracting in the regions", - said Alikhan Smailov.

He also noted weak coordination on the part of the Ministry of Agriculture.

"For price stability, the market must be constantly provided with sufficient supply. For example, the Ministries of Trade, Agriculture and Akimats started working with Tajikistan on buying onions back in February and March. However, it was purchased only in May, when its price rose by almost 10%. It was a lost opportunity to buy goods at a reasonable price. Each region, knowing their specifics, must in advance sign contracts with the producers, "- Prime Minister stressed.

Head of the Government has instructed to ensure full implementation of the new algorithm of restraining prices for SIFP and timely conclusion of contracts with producers of agricultural products, and to strengthen the identification of unproductive intermediaries and control of trade mark-ups.

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