Assistant to Russian President Vladimir Putin on the economy Maxim Oreshkin, speaking at the St. Petersburg International Economic Forum (PMEF), called high competition in the markets of the drug from rising prices in Russia. Broadcast was carried out on the website of the event.
Oreshkin also believes that it will help build long-term regulation. He called “short-term High”. Chairman of the Central Bank Elvira Nabiullina also considers the necessary care from administrative measures to regulate prices. “Instead, targeted population support measures are needed,” she is sure.
The head of the Ministry of Finance Anton Siluanov said that there is no administrative price regulation in Russia. “Have you seen this administrative regulation? We are that make manufacturers sell their products at such a price?” – he wondered. Siluans stressed that the state acts with the help of market mechanisms.
Oreshkin during the discussion also listed the trends of the postpandmic economy: an increase in the role of governments and budget policies compared with the 2008 crisis, the growth of spending on the social sphere and infrastructure, raising taxes on the rich, sharp increase in the role of ecosystems in the global economy.
In May, Putin announced the exacerbation of the situation with prices in Russia to socially significant products. According to him, this happens “against the background of an unstable world environment.” The government is confident that one of the reasons for rising prices was the greediness of individual manufacturers and retail chains. The authorities began to regulate the prices of some categories of goods from December 2020.