About 1.5 billion tenge has been allocated to form Karaganda Region’s stabilization fund. The money is used to buy essential food products, which can be supplied to retail chains when needed to prevent sharp price increases. The region can produce 25 of the 31 socially significant food products itself.
The fund’s warehouses hold 40 tonnes of rice, 229 tonnes of sugar and 60,000 litres of sunflower oil. Buckwheat stocks stand at 17 tonnes. The total volume of food held by the fund is 370 tonnes.
Potatoes are among the products in highest demand. Yeltai Ibrayev, director of the stabilization fund management department at Saryarka SEC, said demand rises especially from October to May, during autumn-winter and spring. The fund therefore pays particular attention to potato stocks.
