Businessmen exaggerating prices to be punished in Armenia

 

Armenian Prime Minister Ovik Abramyan said that businessmen exaggerating prices will be punished according to the law. The PM noted that prices for sugar, flour and some other popular products had been set too high. Mr. Shaboyan, the head of the State Commission for Protection of Economic Competition, was asked to make a detailed price study and present results, Caucasus Online reports.Abramyan noted that prices for medicine had increased by 40%. He ordered Healthcare Minister Armen Muradyan to control prices for medicine.“I sent people for inspections in all place. There is no such price as 230 drams, gas costs 200 drams, 210 drams in some places,” Armenpress quotes the prime minister.

 

Armenian Prime Minister Ovik Abramyan said that businessmen exaggerating prices will be punished according to the law. The PM noted that prices for sugar, flour and some other popular products had been set too high. Mr. Shaboyan, the head of the State Commission for Protection of Economic Competition, was asked to make a detailed price study and present results, Caucasus Online reports.

Abramyan noted that prices for medicine had increased by 40%. He ordered Healthcare Minister Armen Muradyan to control prices for medicine.

“I sent people for inspections in all place. There is no such price as 230 drams, gas costs 200 drams, 210 drams in some places,” Armenpress quotes the prime minister.

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