Kazakhstan Imposes Moratorium On Fuel Price Increases Amid Inflation Concerns

2025-10-16 09:06:33

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, October 16. Starting October 16, Kazakhstan is introducing a moratorium on further price hikes for RON-92 gasoline and diesel fuel until inflation stabilizes, Trend reports via the Kazakh government.

This decision was made following a government meeting chaired by Prime Minister Olzhas Bektenov and attended by cabinet members and heads of key state agencies, which reviewed the progress of economic reforms aimed at improving the welfare of citizens.

The prime minister tasked the Ministry of Energy, the Competition Protection and Development Agency, and regional administrations with monitoring and ensuring an uninterrupted fuel supply within the domestic market.

Earlier today, President Kassym-Jomart Tokayev instructed Bektenov to submit by the end of the week a detailed plan for streamlining the implementation of the government's economic reform program. The plan is expected to include measures supporting small and medium-sized businesses, improving the investment climate, and stabilizing the country's economic situation.

MENAFN16102025000187011040ID1110206106

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.