1.8 billion tenge was allocated for the "revolving scheme" to curb the growth of prices for NWPT in Zhambyl region.

1.8 billion tenge was allocated for the "revolving scheme" to curb the growth of prices for NWPT in Zhambyl 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.

1.8 billion tenge has been allocated for the "revolving scheme" in Zhambyl region. To support socially vulnerable segments of the population in the region, 32 social stores are currently operating in the region (16 stores in Taraz and 16 stores in district centers), where the population has the opportunity to purchase socially significant food products at below-market prices.