Nabiullina called on to refuse to state regulation of prices

The Chairman of the Central Bank of Russia Elvira Nabiullina called on as soon as possible to abandon the administrative installation of maximum prices for products. On the Moscow Exchange Forum, she pointed out that this practice distorts market indicators and disasters production, Interfax reports.

She acknowledged that the damper mechanism also affecting the pricing was well shown itself in the oil products market, holding the cost of gasoline within the country from strong jumps. Instead, the head of the regulator emphasized, if desired, to expand it to other goods should be extremely neat.

Nabiullina reminded that the damper should not distort the market pricing in order to collect more money in the budget, that is, in fact, duplicate taxes. Otherwise, the effect for the economy will be negative.

Head of the Ministry of Finance Anton Siluanov denied the fear of Nabiullina, noting that the government does not consider damper and customs tariff policy as a way to replenish the budget.

earlier today it became known that the government is looking for the opportunity to remove exemplifiers to the budget, which metallurgical enterprises receive from the sale of metal products. It is assumed that the revenue money will go to budget construction sites that are experiencing problems due to the conclusion of plans from real market prices.

A month ago, Russian President Vladimir Putin said that the Government had the right to limit the profit of business and freeze prices. In his opinion, entrepreneurs will be able to do without additional income, and the “benefits of Russian citizens” remains the absolute priority of the state.

/Media reports.