Kyrgyzstan allocates 38.8 billion soms to curb food inflation
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Kyrgyzstan's Cabinet of Ministers will allocate 38.8 billion soms to stabilize food prices and support agricultural producers, First Deputy Chairman Daniyar Amangeldiev announced on August 27. The funds will support processors, farmers, and livestock breeders, and aim to supply at least 20,000 pedigree cattle to the market.
Key Facts
- The Cabinet of Ministers will allocate 38.8 billion soms for price-containment measures in 2026-2027.
- The plan aims to supply at least 20,000 pedigree cattle to the market.
- The measures target covering at least 70% of domestic food consumption through local production.
- First Deputy Chairman Daniyar Amangeldiev announced the plan in an interview with the state newspaper Kyrgyz Tuusu.
Funding Allocation
The Cabinet of Ministers will direct 38.8 billion soms to support the economy, First Deputy Chairman Daniyar Amangeldiev told the state newspaper Kyrgyz Tuusu. The funds will be used to support processors, agricultural producers, and livestock breeders. The allocation is part of an approved action plan for price stabilization over the current and upcoming years.
Agricultural Supply Goals
One of the plan's main goals is to ensure at least 20,000 pedigree cattle are released to the market. The Cabinet also plans to support farmers and build logistics complexes on the president's instructions to ensure food security. These measures aim to help domestic agricultural producers store their harvest, supply the market with food on time, and cover at least 70% of the country's domestic food consumption through local production.
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Kyrgyzstan allocates 38.8 billion soms to curb food inflation
