Kyrgyzstan introduces temporary government regulation of coal prices

14:24, 12 октября 2021, Bishkek - 24.kg news agency , Yuri KOPYTIN

Kyrgyzstan has introduced temporary government regulation of coal prices. Press service of the Cabinet of Ministers reported.

The corresponding decision was signed by the Chairman of the Cabinet of Ministers Ulukbek Maripov.

«The decision was made in order to prevent price increases, as well as for timely and stable supply of coal to the population in the autumn-winter period. Temporary state regulation was introduced for a period of 90 calendar days with setting a maximum price,» the message says.

The State Agency for Antimonopoly Regulation under the Ministry of Economy and Finance has been instructed to monitor and control the rise in prices.

Over the year, coal in Kyrgyzstan has risen in price by 715 soms. Consumer prices as of October 7, 2021, compared to October last year, increased by 715.8 soms, or 16.1 percent, on average in the republic. The National Statistical Committee provided such data. The most significant increase in coal prices was registered in Kerben, Jalal-Abad, Naryn and Batken.