Government: Inflation will be reduced
At yesterday’s Government meeting, the Cabinet discussed a program for reducing interest rates. The program calls for low and stable inflation rates, banking transparency, financial stability, stock market development, improved infrastructure, and relevant legislation.
To fight inflation, the Cabinet adopted a policy that would reduce consumer prices gradually by ensuring the goods are properly distributed and available to consumers. The program will run through 2013, and, according to the Government’s projections, inflation will be reduced to eight percent in 2012 and five percent in 2013.
To fight inflation, the Cabinet adopted a policy that would reduce consumer prices gradually by ensuring the goods are properly distributed and available to consumers. The program will run through 2013, and, according to the Government’s projections, inflation will be reduced to eight percent in 2012 and five percent in 2013.
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