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Expert: administrative regulation of prices is not desirable for economy

2010-08-27 13:27

Georgi Khukhashvili, the expert in economy issues, believes that administrative interference of the authorities in regulating prices for bread will bring no visible result - Business-Gruzia.  


It was his comment to the statement of President Mikheil Saakashvili, who ordered the government to take the due measures to avoid further growth of prices for bread.

In the view of Khukhashvili, the authorities can execute administrative regulation of prices, but this scenario isn't favourable for economy.

In his view, the more pressing problem is employment of the population.

Besides, for Georgia subsidizing growing own wheat is more feasible than importing it.

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