Prices for products remain high
In Kyrgyzstan, agriculture, as practice shows, often turns out to be a loss-making endeavor. Economist Iskender Sharshiev analyzed the current situation with rising meat prices in the country in a conversation with Vesti.kg.
“In 2016, I conducted an analysis of the price chain in agriculture and concluded that this sector does not generate profit. I visited several regions, such as Chui and Talas, spoke with local farmers, and saw that most of them face losses. It is indeed a losing business,” he noted.
Since then, the costs of farming, keeping livestock, and producing goods have only increased.
“I have serious questions about how people can even survive. In most cases, farmers operate within a family business inherited from their ancestors. All financial resources of farmers are engaged in the production process. The government is forced to support them. This problem is observed not only in Kyrgyzstan but also in many other countries. Profits are most often made by large agro-companies and corporations. Although modern technologies and fertilizers ease the labor, farmers' incomes remain low. Therefore, livestock breeders are forced to raise prices for their products, often operating at a loss,” the economist added.
Against this backdrop, the prices of meat products continue to rise in Kyrgyzstan. The price restrictions imposed by the government, according to many citizens, have not worked. In this regard, the Deputy Prime Minister and head of the State Committee for National Security, Kamchybek Tashiev, issued a warning about the possible consequences of market speculation.
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