Kyrgyzstan approves 2026–2027 plan to curb rising consumer prices
Kyrgyzstan's Cabinet of Ministers has approved a comprehensive plan to restrain price growth for goods and services in 2026–2027. The programme's total financing requirement is 36.6 billion soms. The decision was taken against the backdrop of accelerating inflation and rising prices of consumer goods, according to Vesti.kg.
The approved document, according to the press service of the Ministry of Water Resources, Agriculture and Processing Industry, provides for 57 measures. Of these, 32 fall directly under the ministry's competence and require 29.4 billion soms. A significant part of the funds will go toward supporting agricultural production, processing enterprises and supplying the domestic market, KTRK reported. Around 13 billion soms has been allocated to agriculture for 2026 alone.
The ministry said the consumer price index in July 2026 stood at 106.7% relative to December 2025, an increase of 6.7%. For January–July 2026, the indicator reached 110.7% compared with the same period a year earlier, a 10.7% rise. The ministry noted that food inflation is influenced by several factors, including fluctuations in external market prices, higher transport costs, Kyrgyzstan's dependence on imports of certain goods and seasonal features of agricultural production.
This story was automatically summarised and translated from KTRK. All rights to the story belong to its source.