One of the most effective tools for restraining the growth of prices for socially important food products is preferential lending to retail facilities with the help of a "revolving fold paper" - the allocation of borrowed funds by akimats for participants of the trading system at a preferential interest.
This allows retail chains to expand the volume of production purchased from local manufacturers, including through the conclusion of forward contracts, and manufacturers to fix the selling price for their cargo.
Receiving preferential loans, retail chains assume counter obligations to curb prices for certain volumes of certain types of production.
As a result, these goods are sold at prices below market prices by an average of 15-20%. The situation is similar with manufacturers who, in exchange for a preferential facilitated loan, undertake to supply a certain volume of products at a reduced fixed cost.
It is believed that such a scheme provides working capital for producers and for networks, allows them to build medium- and long-term price balancing programs. Thus, the cost of socially significant food products is fixed at the time of conclusion of the contract. This avoids significant seasonal price fluctuations.
In the Karaganda region, $2.2 billion tenge was allocated for the "revolving scheme". Within the framework of the reverse fold paper of IP Maksutov, fruit and vegetable products (potatoes, carrots, cabbage, onions) are sold at reduced fixed prices to supermarkets and social pavilions in Karaganda. These products were contracted by the akimat of the region through the conclusion of memoranda with local SHTP with storage in warehouses at the manufacturers themselves. At retail, potatoes, cabbage and carrots are sold at prices not exceeding 85 tenge/ kg.
For the period from 2021-2022, IP Makhsutova plans to sell fruit and vegetable products, real professionals in the amount of 2,000 tons (potatoes 1100 tons, carrots 400 tons, onions 300 tons, cabbage 200 tons). As of January 11, 2022, 251.8 tons of real professionals have already been delivered (potatoes - 179.3 tons, carrots - 45.2 tons, onions - 5.4 tons, cabbage - 22.1 tons).