Putin, Erdogan to meet in Ankara on September 28 — KremlinRussian Politics & Diplomacy September 25, 15:51
Kremlin mum on German right’s success, points out Russian right political lightweightsRussian Politics & Diplomacy September 25, 15:23
Putin, Rouhani discuss Iran's nuclear programRussian Politics & Diplomacy September 25, 14:37
Moscow spices up the city with its spectacular 'Circle of Light' festivalSociety & Culture September 25, 14:34
Russia may help UAE create its own astronaut teamScience & Space September 25, 14:30
Moscow needs to take certain steps for lifting sanctions — leader of Germany’s FDPWorld September 25, 14:23
Historical society vows no new images for slip-up on Kalashnikov monumentSociety & Culture September 25, 14:10
OPEC+ states discuss extending oil cut deal for 3-6 months — sourceBusiness & Economy September 25, 13:49
Press review: How Kurds vote will change Middle East and lawmakers get tough on bankersPress Review September 25, 13:00
MOSCOW.January19./TASS/. Russian Deputy Prime Minister Arkady Dvorkovich said he recognizes that there is a number of objective reasons for rise in food prices.
"Indeed, there are objective reasons, unfortunately, for accelerated growth of certain food items," said Dvorkovich on Monday, at the meeting with the United Russia fraction at the Duma.
According to him, some of the reasons are connected with import. "There is a growth rate of foreign currency, dollar to ruble. Of course, the double growth rate leads to the increase in prices," Dvorkovich said.
The government will look at each specific case of rising food prices separately, he noted. The government is monitoring every particular type of foodstuffs, the vice-premier said, adding that the instances of buckwheat price hikes had been exposed. Flour and bread prices will continue to grow in the near future, Dvorkovich said.
"As far the as industry is concerned, there are three components, including the support for on-going activities. The Ministry of Industry has prepared a proposal to subsidize working capital," said Dvorkovich.
He also talked about the planned import substitution implementation programs. Such programs have either already been developed or are nearing completion and will be presented in the coming weeks. Dvorkovich also mentioned programs to support export, for which funds have already been allocated.