Funds Allocated for Regional Price Regulation: A Sum of 30 Billion Tenge
Here's a chatty, fresh take on the topic:
Hey there! Have you been wondering why prices keep climbing? Well, Deputy Daniyar Alimbayev has been asking the same question. Apparently, he wanted to know what the government is doing to keep prices in check, and that's what we're gonna dive into today.
So, according to a report from Total.kz, the inflation rate in 2020 was a respectable 7.5%, staying within the forecasted range of 8-8.5%. But, despite this, there's been a significant increase in the prices of essential goods. For instance, sunflower oil skyrocketed by 33.7%, sugar followed close behind with a 32.8% hike, cereals jumped by 28.7%, potatoes saw a 16.8% increase, and so on. You get the idea - prices went up right and left. Not cool!
Now, let's see what our government's Mastermind, First Deputy Prime Minister Alikhan Smailov, had to say about it. He acknowledged that the issue of inflation is complex, especially in light of the global pandemic.
But, no worries! The government's got a plan, a roadmap, with no less than 45 urgent and systemic measures. One of these measures involves the Ministry of Agriculture developing a comprehensive plan to meet our domestic market's needs. They've even allocated 30 billion tenge for subsidies to do just that.
Moving on, they're streamlining state procurements to fill regional stabilization funds, and making forward contracts to buy products. They're doling out loans from local budgets to stabilize prices, aiming to boost this amount to 50 billion tenge. They're also cranking up the anti-monopoly measures, slapping restrictions wherever needed, and signing memorandums to stabilize food prices.
Finally, they're building 24 distribution centers, keeping a close eye on everything to ensure prices remain stable. In a nutshell, they're doing what they can to control prices and tariffs, with measures spanning direct tariff adjustments, subsidies, and fiscal controls at various government levels.
So there you have it, folks! The government's taking care of business, trying to keep prices sane amidst the price hikes. Keep an eye on things, and fingers crossed they manage to keep those prices from getting too wild! 😉
Enrichment Data:- The government's strategy to control prices and tariffs involves regulated tariff adjustments, subsidy schemes, and fiscal measures at various government levels.- The government is actively monitoring inflation drivers and the services sector, focusing on controlling tariff reforms to manage inflation within forecasted ranges.- They've adopted subsidies for certain sectors, such as agriculture, to reduce costs and influence market prices. These subsidies are part of an effort to manage grain market dynamics and prevent surplus accumulation domestically.- Stricter measures to control local budget surpluses and deficits have been implemented to contribute indirectly to stabilizing tariffs and prices. These measures aim for fiscal discipline at local levels to ensure they don't add to the inflation issue.
- Deputy Daniyar Alimbayev, having expressed concerns about escalating prices, is interested in understanding the government's strategies to maintain price stability, particularly regarding essential goods.
- The government's plan, or roadmap, includes 45 urgent measures aimed at controlling inflation and reducing the prices of essential goods, such as implementing subsidies for sectors like agriculture, streamlining state procurements, and enforcing anti-monopoly measures.
- In the agriculture sector, the Ministry of Agriculture is developing a comprehensive plan to meet the domestic market's needs, receiving a 30 billion tenge allocation for subsidies to execute the plan effectively.
- As part of the government's efforts to manage tariffs and prices, they are implementing fiscal discipline at various government levels, controlling local budget surpluses and deficits to avoid contributing to inflation.
