Parliament tells the government to control bread prices
2011-03-10 16:59:01
Ms. Natalia Korolevskaya, head of the parliamentary committee for Industrial and Regulatory policy told the Prime Minister he needs to take responsibility for the situation with bread prices. Ms. Korolevskaya wrote yesterday to the Prime Minster and pointed out that Ukrainian flour prices are the equivalent of 80 cents, whereas in the US they are 30 cents, in France 34 cents, and Georgia 45 cents for a Kilogram. She suggested that government efforts to prevent food price inflation including export quotas, monopolizing exports and other measures are not working. However in typical Ukrainian style she suggested that the reason for failure is that there is a profiteering cartel. In that she blames business for policy failure is no different than the government’s explanation of why they introduced the policy of state control.