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Lukashenko signs directive on unacceptability of price rises in Belarus
MINSK. Oct 7 (Interfax) – President Alexander Lukashenko has signed a directive on the unacceptability of price increases following an October 6 meeting on the situation surrounding consumer prices in Belarus.
"The document was adopted with the aim of providing an immediate and tough response to the ongoing situation on the consumer market," the Belarusian state news agency BelTA said, citing the Belarusian president’s press service.
A ban on price increases and obligations to saturate the domestic market with goods and services are introduced in order to protect the interests of citizens and organizations in Belarus, prevent prices from growing further and establish an efficient system of price control and the provision of the domestic consumer market with goods, according to the report.
The document also envisages penalties for improperly fulfilling the requirements set in the directive.
A working group chaired by Deputy Prime Minister Natalia Kochanova was formed to develop price regulation measures. The group is given ten days to work out measures to improve price regulation and to submit them to the government, as well as to ensure continuous monitoring of prices and the state of the consumer market and inform supervisory and law enforcement agencies about all detected violations ahead of taking response measures.
The government, for its part, is given until October 20 to approve and enact an efficient price regulation system based on the working group’s proposals and to ensure efficient control over price discipline.
