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Lukashenko: People need price stability, not stable rise in prices

MINSK, 16 October (BelTA) – Inflation must be kept under control, Belarusian President Aleksandr Lukashenko said at a meeting to discuss draft forecast documents for 2026, BelTA has learned.

“The most important issue is controlling inflation. Let me remind you, people need price stability, not a stable rise in prices!” the head of state emphasized.

The National Bank and the government are proposing an inflation target of up to 7%. “That means that we should set a limit,” he noted.

Aleksandr Lukashenko also stated that he had recently "questioned" First Deputy Prime Minister Nikolai Snopkov, including about pricing issues. “You have reported this to me. You are personally responsible for this. We will discuss this further. We do not need, as some have suggested, to restrain price increases or anything like that. What we need is fair pricing, so that people can afford the things they need,” the president said.

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