Government of Belarus introduces price regulation on borsch sets and apples

24 января 2022
The government has limited the rise in prices of potatoes, beets, cabbage, carrots, onions and apples and other vegetables of Belarusian origin. The reason is that these very goods in the food group have greatly increased in price in our country and in our neighboring countries. As the Ministry of Antimonopoly Regulation and Trade noted, last year the inflation was slightly less than 10%, and the cost of fruits and vegetables increased by almost 17.5%.

To protect the domestic market, the Council of Ministers introduced the maximum sale and retail prices for the so-called borsch set. It means that some vegetables and fruits will cost no higher in the stores than the price set by the government. Stabilization funds and agricultural organizations also have to take into account new approaches to pricing.

But facts of unreasonable overpricing occur.  Therefore they adopted a uniform control mechanism for all. The selling prices will be indexed monthly, based on the storage costs and losses due to spoiling of vegetables or apples.