1,3 billion tenge has been allocated for the "revolving scheme" to curb the growth of prices for NWPT in Kostanay region

One of the effective tools to curb the growth of prices for socially important food products is preferential lending to retail facilities through a "revolving scheme" - the allocation of borrowed funds by akimats for participants of the trading system at a preferential interest.

This allows retail chains to expand the volume of products purchased from local manufacturers, including through the conclusion of forward contracts, and manufacturers to fix the selling price for their goods.

Receiving preferential loans, retail chains assume counter obligations to curb prices for certain volumes of certain types of products.

As a result, these goods are sold at prices below market prices by an average of 15-20%. The situation is similar with manufacturers who, in exchange for a preferential facilitated loan, undertake to supply a certain volume of products at a reduced fixed cost.

Recall that such a scheme provides working capital for manufacturers and for networks, allows them to build medium- and long-term price balancing programs. Thus, the cost of socially significant food products is fixed at the time of conclusion of the contract. This avoids significant seasonal price fluctuations.

In Kostanay region, 1,3 billion tenge was allocated for the "revolving scheme".

Preferential loans to producers and entrepreneurs in the amount of 1984 million tenge were allocated under the "reverse scheme".

For reference: LLP "RAUZET Sauda" for 16 items (6 supermarkets) - 400.0 million tenge, LLP "Prombaza-7" - 581 million tenge, JSC "Sever Bird" for chicken meat - 200 million tenge, IP "Stroy City" for 19 items - 20 million tenge, LLP "Poultry-Agro" for egg - 200.0 million tenge, LLP "Olzha Produkt" for dairy products - 200.0 million tenge, LLP "Mibeko" for buckwheat - 255.0 million tenge, Terra LLP for beef meat - 128.0 million tenge.

In order to stabilize the prices of social bread made from flour of the first grade, flour is sold from the stabilization fund to bakeries at 100 tenge per kilogram.

Administrative penalties in the form of a warning were imposed on the facts of overestimation of trade surcharges to 6 supermarkets of the regional center (RAUZET Sauda LLP, Solnechny LLP, Astykzhan Kostanay LLP, TC Mercury LLP, Low Price LLP, Osoba LLP).

5 compliance agreements have been concluded with manufacturers, wholesale suppliers and large retail chains (Astykzhan-Kostanay LLP, Tamasha Market LLP, Lisvan LLP, Asalia LLP, Nursu IP) to curb prices for NWPT.

For regulatory impact on the domestic market, it is planned to allocate wheat at a fixed price of 90 thousand tenge/ton to the milling enterprises of the region from JSC NC Food Corporation due to subsidizing the costs incurred by the national company during the implementation of the food market.