Belarus to Take Measures to Forestall Inflation Processes in 2008
OREANDA-NEWS. January 11, 2007. A set of measures will be taken in Belarus in 2008 to forestall inflation processes, Prime Minister of Belarus Sergei Sidorsky told a session of the Council of Ministers, reported the Official website www.government.by.
He reminded, in 2008 inflation is expected to stand at 6-8% in Belarus.
According to Sergei Sidorsky, the Economy Ministry should put together a corresponding plan of actions to regulate inflation processes.
“The inflation has exceeded 10%. The inflation exceeded 2% in December 2007,” said Sergei Sidorsky and remarked upon the irresponsible attitude of oblast authorities and certain ministers towards the issue. “Unfortunately, government resolutions taken three times in 2007 in order to punish executives for failing to fulfil certain instructions concerning inflation at the local level have not been productive,” said the Belarusian head of Government.
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