President: Belarus does not intend to retreat from control over price formation

Belarus does not intend to retreat from the practice of control over pricing. This was stated by President of Belarus Alexander Lukashenko while hearing a report on the work of the banking system and measures taken to support foreign trade activities, BelTA informs.

One of the major issues, which the head of state drew attention to, concerned the control over the pricing system in the country. The President reminded that not only the National Bank is responsible for inflation and price growth in Belarus, but also the government, which bears a certain burden.

"On my instruction, the government has taken certain measures to take control of the pricing system," said Alexander Lukashenko. - "I observe that we manage to control the pricing system and to some extent restrain prices.

"We will not deviate from this practice. The system of control over pricing, over this whole complex will only be strengthened," emphasized the head of state. - Such a task has been set before the government. I ask the National Bank to keep it in mind and to do everything necessary to make people resent us less in connection with rising prices, inflation in the country.

The President drew attention to the fact that the state is not going to interfere and limit price growth where it is not necessary, or, on the contrary, to observe unreasonable price growth without taking proper measures.