Prime Minister Halouchanka Confronts Lukashenka

Officials don't know how to comply with the dictator's inadequate ban on price increases.

Prime Minister Raman Halouchanka today, October 6, at a meeting of the economic bloc of the government, argued with Lukashenka (and at the same time with the head of Belstat). They disagreed on how to curb the rampant inflation. According to zerkalo.io, Lukashenka proposed to curb the rise in prices for literally all goods and services, and the Prime Minister was convinced that “strict price regulation is not the way to solve all problems”.

Halouchanka said that he believes that strict price regulation is not the way to solve all problems. “In 2020-2021, price regulation in the country was much softer than now. At the same time, inflation and prices were kept within the forecast figures. But this is not the only reason. You can regulate everything to the limit and get the opposite effect,” said Halouchanka.

“Price regulation in Belarus is the toughest in the CIS and one of the toughest in the world,” the Prime Minister added.

“Roman Aleksandrovich, let me remind you. You are the Prime Minister of Belarus, not Estonia. Fortunately. And not Latvia and not Lithuania. Why should we look at them?!” Lukashenka reacted to the words of the Prime Minister.

“I don't compare us to them. I just want to echo to those present that the system of price regulation has been created in the country. It has become tougher this year compared to previous years,” Raman Halouchanka replied.

Later it became known that a ban on price increases will be introduced in Belarus on October 6.

Recall that inflation in Belarus in January-August accelerated to 13.8%. The government predicts that it will be at the level of 19% per annum by the end of the year. The previous forecast indicated 6% per annum.