The Belarusian authorities are expanding state regulation of prices for a number of products

Published 2021년 6월 8일

Tridge summary

Belarus is expanding state regulation of prices for socially important goods due to rising consumer prices, according to the Ministry of Antimonopoly Regulation and Trade. The new decree, which will regulate prices for various food products and control the size of importer's and wholesale markups, aims to combat the accelerating annual growth in consumer prices driven by increasing global food prices. The decree also sets a limit on price increases for socially important essential goods at 0.2% per month.

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Original content

The authorities of Belarus against the background of rising consumer prices have decided to expand state regulation of prices for socially important goods, according to the message of the Ministry of Antimonopoly Regulation and Trade (MART) of the country. "Against the background of the continuing growth in world food prices, there is an acceleration in the annual growth of consumer prices in the Republic of Belarus. In this regard, MART has expanded state regulation of prices for socially important goods," the ministry's Telegram channel said. According to the statement, the March 1 decree "On the regulation of prices for socially significant goods" was adopted, which will enter into force after its official publication. It provides for the convergence of the lists of goods for which price regulation is carried out in accordance with the February government decree "On temporary measures to stabilize prices for socially important essential goods." "The decree ...

Source: Milknews