Uzbek government to introduce price control measures
The Government of Uzbekistan intends to adopt a resolution to control and ensure the stability of the prices of goods of strategic and social importance, including food, gasoline, coal, and other goods, media reports.
In particular, the republic’s Antimonopoly Committee is to monitor prices of forty-five types of highly liquid and monopolistic products such as petrol, coal, metal, cement, etc., as well as ten types of socially significant consumer goods including flour, meat, bread, sugar, and vegetable oil. Besides, the agency will be responsible for analyzing factors causing surging prices.
The Antimonopoly Committee is to issue instructions to reduce unreasonably high prices. In the event of failure to comply with orders, measures will be taken to prosecute in due course. This step would ensure price stability for strategically and socially vital products, the message of the Antimonopoly Committee reads.