...

Kazakhstan steps up measures to reduce growing onion prices

Kazakhstan Materials 13 February 2023 13:43 (UTC +04:00)
Kazakhstan steps up measures to reduce growing onion prices
Emin Sevdimaliyev
Emin Sevdimaliyev
Read more

BAKU, Azerbaijan, February 13. Kazakh government launched the sale of onion from stabilization funds to the retail sale facilities, Trend reports, citing the Ministry of Trade and Integration of Kazakhstan.

Kazakh government sold onion to 40 retail stores for a price of 115 Kazakh tenge per kilogram ($0.25). The retail sale price of the said vegetable is set at 128 Kazakh tenge ($0.28).

Currently, around 38,000 tons of onions are available at the stabilization funds in Kazakhstan.

The release of vegetables from reserves is carried out as part of the implementation of existing measures to stabilize prices. The reserves will be released as a method to contain the price growth.

Recently, Kazakhstan and other Central Asian states faced a shortage of onions, due to the harsh weather conditions. Earlier, the Kazakh government restricted onion exports for a duration of 3 months in order to address the situation and satisfy demand on domestic markets.

Tags:
Latest

Latest