The state will compensate the difference
Kyrgyzstan paid oil traders nearly $11.5 million to maintain retail prices for fuel and lubricants.
The state will cover the difference.
The Kyrgyz government has allocated approximately 1 billion soms (equivalent to $11.4 million) in subsidies to oil traders. The purpose of these payments is to stabilize retail prices for gasoline, diesel fuel, and motor gas, according to the country's Antimonopoly Service.
According to the agency, the current market price of fuel significantly exceeds the price consumers see at gas stations. This difference is covered by the state budget. For example, the actual cost of one liter of AI-92 gasoline ranges from 111 to 118 soms (US$1.27–$1.35), while at gas stations it sells for 87.9 soms (US$1). Thus, the budget compensates up to 30 soms (US$0.34) for each liter sold.
The Antimonopoly Service emphasized that this mechanism prevents a sharp increase in fuel and lubricant prices, but it is financed from the state budget. Therefore, the agency urges Kyrgyz citizens to be more rational when using their personal vehicles, preferring public transportation, bicycles, scooters, or short-distance walking. Temporary price regulation for fuel and lubricants was introduced by the Cabinet of Ministers of Kyrgyzstan in June of this year.