BAKU, Azerbaijan, August 11. Food prices for
several staple products declined across Kyrgyzstan and neighboring
markets, Kyrgyzstan's Ministry of Water Resources, Agriculture and
Processing Industry said.


This was reflected in a statement published by the ministry on
August 3 following its comparative monitoring of food prices in
Kyrgyzstan, Kazakhstan and Russia.


"Carrots, flour, potatoes, onions and milk have become cheaper,"
the ministry noted.


According to the ministry, prices in Kyrgyzstan declined by 1%
for carrots, by 0.8% for locally produced first-grade wheat flour
and potatoes, by 0.6% for onions and by 0.2% for pasteurized milk.
At the same time, rice prices rose by 4.4%, followed by imported
first-grade wheat flour with a 3.6% increase, refined sunflower oil
with 2.3%, butter with 1.4%, beef and lamb with 0.9% each, and
sugar with 0.4%.


The ministry said Kazakhstan recorded a broader decline in food
prices. Potato prices fell by 3.4%, onions by 2.5% and rice by
2.2%. Prices for carrots and pasteurized milk each declined by 2%,
while locally produced first-grade wheat flour, wheat bread,
butter, beef and lamb each became 1.9% cheaper. Sunflower oil
prices decreased by 1.7%, pasta by 1.6%, eggs by 1.4% and sugar by
1.1%.







In Russia, the ministry recorded a 1.8% increase in sugar
prices. At the same time, onion prices declined by 2.5% and
potatoes by 2.1%. Egg prices fell by 1.7%, while rice, carrots and
butter each became 1% cheaper. Prices for first-grade wheat flour,
wheat bread and pasteurized milk declined by 0.6%. Lamb prices fell
by 0.5%, while sunflower oil, beef and vermicelli each declined by
0.4%.


The sector is also expected to remain among the priorities for
international development institutions. Against this backdrop, in
an exclusive interview with Trend the European Bank for Reconstruction and
Development (EBRD) approved its new Strategic and Capital Framework
(SCF) for 2026-2030, outlining key priorities for the Bank’s
activities in Central Asia and other regions.


According to Huseyin Ozhan, EBRD Managing Director for Central
Asia and Mongolia, the framework is focused on three main areas:
accelerating the green transition, strengthening economic
governance, and developing human capital while promoting equal
opportunities.


He noted that these priorities serve as the main guidelines for
the EBRD’s operations in Central Asia. The Bank also develops
individual country strategies for each state in the region in close
cooperation with national authorities, with a focus on
strengthening private sector competitiveness, creating jobs,
improving skills, promoting inclusion, and supporting digital
transformation.