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Flour Millers Association: Flour prices remain stable in Kyrgyzstan

To date, the price of flour remains stable at the level of September — December 2022. The President of the Association of Flour Millers of Kyrgyzstan, Rustam Zhunushov, told 24.kg news agency.

According to him, 30 plants are currently operating in the republic. The price of flour has not increased. It is not expected as the cost of raw materials in Russia remains stable. The Cabinet of Ministers has taken preventive measures to prolong state support for domestic producers of flour products for 2023.

«An agreement was signed on the formation of grain reserves at each enterprise, an increase in jobs in the industry and the production of flour and feed. The document also stipulates that flour should be sold with a margin of no more than 10 percent, and companies will increase tax payments to the budget. The most important thing is to prevent unreasonable increases in flour prices. In addition, the value-added tax on grain, vegetable oil and feed has been zeroed from January 1 to December 31, 2023,» Rustam Zhunushov said.

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