"Measures to stop food prices from driving inflation"

The Serbian government will soon pass measures which will stop food prices from being key generator of inflation in Serbia, PM Mirko Cvetković has announced.

Izvor: Tanjug

Tuesday, 12.04.2011.

17:05

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The Serbian government will soon pass measures which will stop food prices from being key generator of inflation in Serbia, PM Mirko Cvetkovic has announced. He was joined in this statement by Minister of Agriculture, Trade, Forestry and Water Management Dusan Petrovic. "Measures to stop food prices from driving inflation" Asked when the measures will be adopted, Petrovic said it would be "very soon," but that he does not want to predict a date. "We are preparing a set of measures, and one of the reasons they have not already been adopted is that we are analyzing very carefully the best possible effects," Petrovic told reporters on the sidelines of a conference held to mark the Competition Day. He pointed out that the government is carefully considering the best way to spend the money in the agriculture budget, and that its goals include raising overall agricultural output, changing its structure and boosting livestock production. "Livestock production accounts for only 28.5 of Serbia's total agricultural output," Petrovic noted and added it should be as high as 60 percent, which would allow for lower prices and bigger profits for farmers. Mirko Cvetkovic (Tanjug, file)

"Measures to stop food prices from driving inflation"

Asked when the measures will be adopted, Petrović said it would be "very soon," but that he does not want to predict a date.

"We are preparing a set of measures, and one of the reasons they have not already been adopted is that we are analyzing very carefully the best possible effects," Petrović told reporters on the sidelines of a conference held to mark the Competition Day.

He pointed out that the government is carefully considering the best way to spend the money in the agriculture budget, and that its goals include raising overall agricultural output, changing its structure and boosting livestock production.

"Livestock production accounts for only 28.5 of Serbia's total agricultural output," Petrović noted and added it should be as high as 60 percent, which would allow for lower prices and bigger profits for farmers.

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