Efforts to cheapen food prices

Efforts to cheapen food prices
Date: 7.9.2021 15:00

In order to extinguish "the fire in the kitchen" and rein in inflation, a series of policies and measures will be implemented for food prices.

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The Price Stability Committee, established for this purpose, will coordinate the policies to be implemented. Various measures, such as the "Early Warning System", protection of agricultural lands, increasing arable and irrigable areas, improvements in state and cooperatives, and agricultural production planning, will be implemented gradually.
 

MANY POLICIES AND MEASURES ARE ON THE AGENDA

 
According to the Medium-Term Program for 2022-2024, a series of policies and measures will be implemented with the aim of reducing inflation to single-digit levels. In this context, the Price Stability Committee will focus on supply-side and structural problem areas and increase its effectiveness by coordinating the policies to be implemented. In order to maintain price stability by ensuring food supply security, efforts for the protection and effective use of agricultural lands will continue. Improvements will be made in the market and cooperatives, and regulations will be implemented to ensure that the distribution is registered and has the least logistics cost.
 
According to the compilation made from the Medium Term Program (MTP) for the years 2022-2024, published in the duplicate issue of the Official Gazette, a series of policies and measures will be implemented with the aim of reducing inflation to single-digit levels. In this context, the Price Stability Committee will focus on supply-side and structural problem areas and increase its effectiveness by coordinating the policies to be implemented. In order to contribute to the formation of healthy prices in the market, big data and data analysis systems, especially the "Early Warning System" for food prices, will be created and used effectively. In order to maintain price stability by ensuring food supply security, efforts to protect and effectively use agricultural lands will be continued, investments will be continued by increasing arable and irrigated lands, as well as input costs such as seeds, fertilizers, feed, pesticides and diesel, reducing the financial burden and providing technology-oriented transformation. programs will be implemented.
 

CONTRACTED AGRICULTURAL MECHANISMS WILL BE DEVELOPED

 
In order to ensure that food products are delivered from farm to fork in a safe manner, with minimum waste and at reasonable prices, improvements will be made in the state and cooperatives with a holistic approach, and regulations will be implemented to ensure that distribution is registered and has the least logistics cost. Contract agriculture mechanisms will be developed to contribute to agricultural production planning, to increase predictability in production, to prevent price fluctuations, to enable the farmer to sell the product they produce at a value price, and to ensure the integration of agriculture-industry so that the industry can supply the quality product it needs.

YEREL HABERLER

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