In Georgia, legislative changes and negotiations with business will start. Together, these measures will help to reduce food prices in the country. Measures are taken on behalf of Prime Minister Irakli Garibashvili.
According to the Georgian media report, Garibashvili instructed the government to find out why the food is a food cost, including the first necessity, reaches 70-80%, or even 100%, and take measures.
“these are two parallel processes that are now being conducted,” said the head of the Ministry of Economy Levan Davitashvili.
According to the minister, work on the legislation will help create a competitive environment. It is not planned to set specific prices, they will be optimal in competition conditions. “Prices will decrease as much as possible,” the minister said, adding that the process will take several months.
In parallel, Georgian authorities conduct a dialogue with suppliers and distributors. “If you pay attention, prices have significantly decreased for a number of products within the framework of shares of various networks, and this trend will continue for several months,” Davitashvili said.