Stabilization fund

Stabilization fund

Regional Stabilization Fund for Foodstuffs is an operational stock of foodstuffs created to provide a regulated impact on the agri-food market and ensure food security in the Aktobe region.
For the coming 2018-2020, it has been allocated from the local budget for the formation of the stabilization fund 309 million tenge, including 100 million tenge in monetary terms and 209 million tenge in the product (carry-over assets).

Currently, the Regional Stabilization Fund has:

  • Sugar – 226,6 тонн.
  • Flour – 107 тонн.
  • Sunflower oil – 75,1 тонн.

All products are stored in the RFU’s own warehouse, in 7 climate equipment boxes.

The indicated volumes of products are sold through the Tabys communal market, a network of communal mini markets, social pavilions and shops with a minimum trade allowance of 10-15%.

In addition, for the off-season period 2019-2020, futures contracts were concluded with Prigorodnoye agricultural holding LLP for the purchase of potatoes and vegetables.

Product name Volume of purchase, ton Purchase price tg / kg Amount, thousand tenge
1 potatoes 1400 58 81200
2 carrot 100 58 5800
3 onion 200 53 10600
4 cabbage 100 58 5800