Belarus to tighten consumer market price and supply monitoring – Lukashenko
<p> MINSK, May 26 - PrimePress. Belarusian authorities will tighten the monitoring of prices and supply in the consumer market in the current epidemiological situation, President of Belarus Alexander Lukashenko said on May 26 at the meeting on the situation on the domestic consumer market, the presidential press office reports. </p> <p> </p> <p> Lukashenko assessed the situation in trade as “tolerable” and instructed government agencies, primarily the Ministry of Antimonopoly Regulation and Trade (MART), to respond promptly to all cases of unjustified price increases. “I think that today, the situation sometimes dictates the need to intervene in the processes that are taking place in the domestic consumer market,” he said. </p> <p> </p> <p> “There is no need to argue that the market will regulate everything itself. We have worked a lot there, and we understand that the market does not always regulate itself. The situation has changed. The countries that are very advanced in market relations quickly shut their borders. Russia has even banned the import of fuel into its domestic market,” Lukashenko said. </p> <p> </p> <p> Minister of Antimonopoly Regulation and Trade Vladimir Koltovich said the situation with commodity supply and prices in the domestic consumer market was “manageable, predictable and stable.” “We have no shortage and no excitement,” he said. </p> <p> </p> <p> As reported, Trade Ministry’s resolution No.30 ‘On the Regulation of Prices of Socially Important Commodities’ of April 15, 2020 and resolution No.36 of May 7, 2020 listed 26 socially important goods, the prices of which are regulated by the state since April 2020 for a period of 90 days. The marginal rate of return for determining the amount of profit to be included in selling prices for manufacturers and importers of such goods is limited to 10%. </p> <p> </p> <p> The maximum wholesale and trade markups for socially important goods were set at 15-30% depending on the commodity item and regardless of the number of participants in the sale chains. In particular, the markup for milk and dairy products was set at 15%, bread and bakery products, sausages, canned meat – 20%, vegetables – 30%, fresh apples – 30%, chicken eggs – 25%, butter – 20%. End </p>
2020-05-27
Primepress
Belarus to tighten consumer market price and supply monitoring – Lukashenko
MINSK, May 26 - PrimePress. Belarusian authorities will tighten the monitoring of prices and supply in the consumer market in the current epidemiological situation, President of Belarus Alexander Lukashenko said on May 26 at the meeting on the situation on the domestic consumer market, the presidential press office reports.
Lukashenko assessed the situation in trade as “tolerable” and instructed government agencies, primarily the Ministry of Antimonopoly Regulation and Trade (MART), to respond promptly to all cases of unjustified price increases. “I think that today, the situation sometimes dictates the need to intervene in the processes that are taking place in the domestic consumer market,” he said.
“There is no need to argue that the market will regulate everything itself. We have worked a lot there, and we understand that the market does not always regulate itself. The situation has changed. The countries that are very advanced in market relations quickly shut their borders. Russia has even banned the import of fuel into its domestic market,” Lukashenko said.
Minister of Antimonopoly Regulation and Trade Vladimir Koltovich said the situation with commodity supply and prices in the domestic consumer market was “manageable, predictable and stable.” “We have no shortage and no excitement,” he said.
As reported, Trade Ministry’s resolution No.30 ‘On the Regulation of Prices of Socially Important Commodities’ of April 15, 2020 and resolution No.36 of May 7, 2020 listed 26 socially important goods, the prices of which are regulated by the state since April 2020 for a period of 90 days. The marginal rate of return for determining the amount of profit to be included in selling prices for manufacturers and importers of such goods is limited to 10%.
The maximum wholesale and trade markups for socially important goods were set at 15-30% depending on the commodity item and regardless of the number of participants in the sale chains. In particular, the markup for milk and dairy products was set at 15%, bread and bakery products, sausages, canned meat – 20%, vegetables – 30%, fresh apples – 30%, chicken eggs – 25%, butter – 20%. End