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Ukraine’s Cabinet promises to reduce prices

Ukraine’s Cabinet promises to reduce prices
Ukrainian government fully controls the issue concerning setting prices for oil products and intends to create conditions for increase of oil processing volume, as Ukraine’s PM Yanukovych told at the press conference.

“We carry out such state policy, which favours to increase volumes of oil processing and production of light oil in Ukraine, increase of profit, budget revenues and reduction of oil price on the home market,” the Premier noted.

According to him, the priority task among others for the government for today is reduction of prices for certain consumer goods, including foodstuff. “This issue is quite difficult. We are working on it and we think we have a corresponding instrument and a right to question commodity producer concerning price reduction,” Yanukovych said.