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๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Economy & Trade

Japarov Responds to Concerns Over Soaring Food Prices

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • Kyrgyzstan's President Sadyr Japarov acknowledged rising global food prices in an interview.
  • He stated the country is self-sufficient in six of nine essential food products, importing the rest.
  • Japarov assured that the government is taking all possible measures, including subsidies for meat prices, to mitigate the impact of rising costs.

President Sadyr Japarov has addressed public concerns over rising food prices, stating that the government is actively working to manage the situation. In an interview with journalist Ali Toktakunov, Japarov acknowledged that the increase in prices is a global phenomenon affecting Kyrgyzstan.

He explained that the country produces six out of nine essential food products domestically, while the remaining three must be imported. To stabilize the cost of meat, the government has allocated 500 million Kyrgyz som to maintain prices between 650 and 750 som per kilogram. "The state is not sitting idly by. We are doing everything within our power," Japarov stated, emphasizing the efforts of the government and the Antimonopoly service.

The state is not sitting idly by. We are doing everything within our power.

โ€” Sadyr JaparovPresident of Kyrgyzstan, discussing government measures against rising food prices.

However, the president also conceded that in situations where there is "no way out," the government's ability to intervene is limited. Despite these constraints, Japarov assured the public that all feasible actions are being taken to cushion the economic blow of global inflation on the population.

In those situations, when there is no way out, we can do nothing. But we are working, the government is working, Antimonopoly is working.

โ€” Sadyr JaparovPresident of Kyrgyzstan, acknowledging limitations in controlling global price increases.
DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.