Tiraspol, 26 June. /Novosti Pridnestrovya/. The prime minister, Alexander Martynov, held a government meeting on the country's inflation, the government's press service reports.
«One of the most pressing issues of concern to the citizens of Pridnestrovie is the effect of the devaluation of the country's national currency. I recall that the devaluation has been the result of the damage inflicted on the economy and financial system in the previous years. This is, first of all, refers to the large-scale money issue," said Martynov. According to Russian auditors, the issue amounted to about 950 million roubles.
The second aspect, which influenced inflationary processes, was opaque schemes leading to the large-scale withdrawal of foreign currency from Pridnestrovie. According to the Audit Chamber, these amounts are estimated at tens of millions of US dollars.
«This year these schemes have been discontinued, which has made it possible to stabilise the Pridnestrovian rouble at $15 per US dollar and prevent its depreciation to 23−25 roubles," said Martynov. The devaluation effects have, at the same time, another negative factor — inflation.
."One of the main tasks facing the government and central bank is to do everything to minimise the inflation rate and smooth over its negative effect on citizens," stressed the prime minister
During the next meeting, the government will present a set of additional measures to be applied under the current legislation «to prevent possible market speculation and make the inflation rate as minimal as possible.» Martynov stressed that through price monitoring would reveal a devaluation component in product pricing.
As we have reported, the government has already taken certain measures in this regard, including tariff policy adjustments, lower tax burdens in some economic sectors, etc.
«According to results, we will assess and develop a set of additional measures to ensure that the inflation processes are in line with projected figures," said the minister of economic development.
