Free price formation for majority of goods to be introduced in 2011

It is planned to introduce free price formation for the majority of goods and services in 2011. This is stated in the draft directive on liberalization of the economic activity.

The document prescribes prevention of any interference of state administration bodies into the process of price formation of subjects of entrepreneur activity, if not aimed at countermeasure to monopolist activity.

It is planned to refuse from obligatory economic objectivation of price level in 2011. It is also prescribed to abolish limitation of allowances in wholesale and retail trading with implementation of free prices, reports BelaPAN.