Memorandum on measures to stabilize prices for social bread signed in Almaty
In order to ensure food security and prevent an increase in prices for social bread, the Akimat of Almaty signed a Memorandum on measures to stabilize prices for pan bread made from wheat flour of the 1st grade (social) with the Ministry of Agriculture of the Republic of Kazakhstan and JSC NC Food Contract Corporation. The agreement operates within the framework of the Law of the Republic of Kazakhstan "On State Regulation of the Development of the Agro-Industrial Complex and Rural Territories".
Provision of raw materials will allow the city's main bakeries to keep prices for social bread at the same level.
As part of the Memorandum, the Food Corporation will ensure the supply of food wheat grain at a fixed price of 90 thousand tenge per ton to flour mills in Almaty for the production of grade I flour.
In total, from the stocks of the Food Corporation in the period from March to August 2022, it is planned to supply more than 29.8 thousand tons of grain to Almaty for a total amount of about
2.7 billion tenge. The agreement is valid until August (inclusive) 2022 with the possibility of further extension. The monthly demand of the metropolis for grain is 4,261.1 tons.