Bishkek, Oct. 1, 2020. /Kabar/. The Ministry of Economy submits for public discussion a draft government resolution "On introducing temporary state regulation of coal prices in the Kyrgyz Republic".
According to the document, taking into account the preservation of the emergency regime in the country associated with the COVID-19 pandemic, as well as the fact that the forced regime of self-isolation and restrictions imposed to counteract the infection had a negative impact on the financial situation of the population, the ministry considers it necessary to introduce temporary state regulation of coal prices.
Wholesale prices of coal for coal mining companies are set annually by the state antimonopoly authority, but coal reaches the end consumer through intermediaries at an inflated price.
In accordance with Article 11 of the Law "On Internal Trade in the Kyrgyz Republic", the government is entitled to introduce state regulation of retail prices for socially important goods in order to protect the rights of consumers for a period not exceeding 90 calendar days.
The Government Decree "On state regulation of prices for certain types of socially significant goods", coal is included in the List of socially significant goods for which a temporary state regulation of prices in the domestic market of the Kyrgyz Republic may be introduced.
Comments
Post Comment