"We will gradually give up direct price regulation," Adashkevich said.
He said the draft of a new price formation concept envisions such measures. The concept is to be approved by late July and is possible due to the stabilization of prices and the drop in inflation, he said.
Adashkevich said the state regulation of prices for housing and communal services and natural monopolies-set prices will be preserved in the future.
"Prices for other groups of goods, including socially important ones, will be freely formed by economic entities," Adashkevich said.
Prices are currently regulated by the state in Belarus mostly for socially important goods. International financial organizations have repeatedly noted the necessity of liberalizing price formation in the country.
