In 8 months Pridnestrovie's industrial output down 15.7% in dollar equivalent

As was voiced at an operational meeting of the Ministry of Economic Development, in the past eight months of the current year the industrial output had decreased by 10.1% in comparable prices and by 15.7% in dollar equivalent as compared to the same period in 2014. The minister of economic development, Alevtina Slinchenko, noted that almost all sub-industries are facing a decline in production.

At the same time, as Novosti Pridnestrovya News Agency has been reporting, the government manages to restrain inflation processes, and the consumer price index for January-August 2015 makes up 97.65%. This means that prices for goods and services have dropped by 2.35% in Pridnestrovie.

The minister also recalled that at present the Supreme Council is considering the Concept for Budgetary and Tax Policy for 2016, a draft of the Forecast of Pridnestrovie's Socio-economic Development for 2016 and a draft of the Tax Code. All these documents require quick approval and further work in the line of tax reforms.

Besides, the participants discussed anti-crisis measures proposed by the government and analysed the execution of current presidential and governmental instructions.