According to forecasts, global meat prices may rise significantly, and in this regard, agribusinessman Bakytbek Mamytkanov, together with the Agroholding of the Kyrgyz Republic, has initiated the launch of an urgent program to maintain market stability.
Mamytkanov emphasizes that without prompt measures, the rise in prices on international markets will inevitably affect the domestic level, which in turn will lead to increased inflationary pressure in the country.
Allocation of 2 billion soms for livestock fattening
The main idea of the initiative is to allocate 2 billion soms for a project on fattening cattle (bovine). The purchase of bulls is planned for immediate implementation, and fattening will be organized at existing sites in the Chui region.
According to Mamytkanov, all necessary infrastructure is already ready for operation. Even in the event of funding delays, entrepreneurs are prepared to start the process soon after the government makes the appropriate decision.
- We have everything we need for fattening. We are ready to purchase bulls and begin intensive fattening. We can bring the product to market within two months, - he stated.
Sale of meat at social prices in Bishkek
As part of the project, it is planned to sell meat at affordable social prices through 11 specialized points in Bishkek. The initiators are confident that this measure will help reduce prices through direct supplies without intermediaries and markups.
Mamytkanov stresses that the initiative is aimed at stabilizing prices, not temporary measures.
- If measures to reduce prices are not taken, this could lead to further inflation. I propose an anti-crisis project to the president that can be implemented immediately, - he added.
Economic advantages
The project initiators expect that the investment of 2 billion soms will quickly increase the volume of meat in the domestic market. With intensive fattening, the cycle takes about 8–9 weeks, which contributes to a prompt impact on the pricing situation.
It is expected that the project will bring economic benefits in several areas:
increased meat volume in the domestic market;reduction of price pressure in retail;containment of food inflation;support for local livestock breeders through guaranteed sales.
According to the authors, in the context of the volatility of the global economy, it is necessary to act proactively rather than react to already occurred price changes.
Support from the government is necessary
A key condition for starting the program is the adoption of a special resolution on price stabilization at the level of the president and the government.
As Mamytkanov noted, the idea has been promoted since 2021, but has not yet been considered at the official level.
Now the final decision depends on the positions of the country's leadership. At the same time, the initiators insist on the immediate launch of the program, taking into account the current situation in the global food market.
This project could become not only a pilot but also a basis for subsequent reforms in the livestock sector in Kyrgyzstan.
