1.3 billion tenge has been allocated for the "revolving scheme" to curb the growth of prices for NWPT in the Turkestan 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 the Turkestan region, 1,300.0 billion tenge has been allocated for the "revolving scheme".

 

Within the framework of the "turnover scheme", 640 million tenge was allocated to commodity producers:

- Magnum Cash&Carry LLP 200 million tenge.;

- Ali Sauda LLP 300 million tenge.;

- LLP "Miracle-P" 70 million tenge.;

- Sairam Day LLP 70 million tenge.