Belarus bans consumer price rises in bid to tame inflation

a close up shot of a paper money on a wooden table

Oct 6 (Reuters) – Belarus’ President Alexander Lukashenko said on Thursday he was imposing a ban on consumer price rises in response to “exorbitant” inflation across the economy, state media reported.

“From today, any price increase is prohibited. Prohibited!,” the state-run Belta news agency quoted Lukashenko as saying in a meeting of government ministers.

“It starts today – not from tomorrow, but from today, so that prices cannot be inflated during the course of today,” Lukashenko said.

(Reporting by Reuters)

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