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26 May 2004 23:57
Belarussian government to hold inflation at 13% in 2004
MOSCOW. May 26 (Interfax) - The Belarussian government plans to hold inflation in 2004 at 13% instead of 14%-19%, as planned in the socio-economic forecast for the year, Economics Minister Nikolai Zaichenko said at a government meeting on Tuesday. He said that to achieve this aim average monthly inflation should not exceed 0.75%, while in January-April this indicator amounted to about 1.5% per month. Zaichenko said that it would be possible to keep within such strict parameters in the remaining eight months if the republic sticks to planned growth in tariffs in the residential utility sphere and transport, and also in prices for alcohol, meat and dairy products. Inflation in Belarus in 2003 amounted to 25.4%. [BY EUROPE EEU EMRG ECI] rd <>
[Interfax]
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