Belarusian businesses hope that price regulation will be a temporary measure

Since October 6, the Government of Belarus has banned raising prices for all services and goods in the country. However, Belarusian businesses hope that price regulation will be a temporary measure, said the Head of the Business Union of Entrepreneurs, Sputnik reported.

The Head added that a meeting on economic security had recently been held. Representatives of the business community noted that there should be a single approach to price formation throughout the country. Now in some areas there is a double price regulation.

The Ministry of Antimonopoly Regulation should develop a new procedure for price regulation by October 20. Now prices in the country are fixed as of October 5. They can be raised only with the permission of the authorities.

You can also read why prices had been rising in Belarus before they were frozen.

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Photo: money-insider.ru