Baku 16˚C Partly sunny

Prime Minister: The government is taking necessary measures to prevent price increase

Headlines 14:40 09 Dec, 2022
Prime Minister: The government is taking necessary measures to prevent price increase

Prime Minister: The government is taking necessary measures to prevent price increase
The government is taking necessary measures to prevent price increase.

According to Qazet.az reports, Prime Minister Ali Asadov said this at today's session of the parliament.

"Regarding the price increase, the government is taking and will take necessary measures to reduce inflationary pressures in order to protect the real incomes and purchasing power of the population," A. Asadov added.

He said that serious work is being done to create reserves for basic food products, including strict export restrictions on basic products, and 90-day stockpiles of goods have been created: "Our main goal is to provide our population with basic food products."

"The volume of budget expenditures for food safety measures is increased in the next year and is 38.6% more than the current year (625.2 million manats). The President of the Republic of Azerbaijan "On a number of measures to increase the level of self-sufficiency with food wheat" 2022 Appropriate funds (180 million manat) are provided in the next year's state budget for the measures arising from the Decree dated July 19.

"Despite the geopolitical processes and difficulties in the world and the region in general, there have not been any problems with food reserves in our country," the Prime Minister stressed.