“Price management is an art and needs to be very flexible” in the market economy under the management of the State.

Questioning to Deputy Prime Minister Le Minh Khai on the morning of June 8, delegate Trieu Thi Huyen (Yen Bai delegation) asked the Deputy Prime Minister to discuss overall solutions on price management to ensure inflation control. development, avoiding psychological effects of salary increase and price increase.

Previously, the Government issued a Decree on basic salary increase from July 1, 2023, according to which the prices of a number of essential services such as electricity, health care, education and insurance during the In the future, it may be considered to increase according to the market price roadmap.

Answering questions from delegates, Deputy Prime Minister Le Minh Khai emphasized that "price management is an art, which needs to be very flexible in the condition that we operate according to the market economy but under the management of the State." ".

According to the Deputy Prime Minister, the principle of price management is to pay attention to the lives of people, especially people in remote and isolated areas. Therefore, for price management, solutions must be very flexible.

Delegate Trieu Thi Huyen (Yen Bai Union) - Photo: Quochoi.vn

Firstly , it must be based on the market's signals, and the market changes every day. The Deputy Prime Minister took the example of petroleum products, in the first 10 months of 2022, gasoline prices increased, but in mid-September, there was a tendency to decrease.

“Therefore, we must grasp the market to have solutions and scenarios to operate flexibly and meet the requirements and achieve the goals assigned by the National Assembly. In 2022, the National Assembly will allocate 4% of CPI, about 4.5% in 2023. The goal is paramount, we must adhere to it,” emphasized the Deputy Prime Minister.

Secondly , according to the Deputy Prime Minister, in order to keep the price, the supply and demand must be met, the demand must be met.

"This issue is very concerned by the Government and the Prime Minister, especially essential items such as food, food, etc. and essential items for the people," he stressed.

Third , must comply with the law on prices. That is, with the goods the State sets the price, the state decides and controls; and for goods priced according to the market, the mechanisms prescribed by law will be implemented. For example, listing, declaring, and checking price-forming factors to make timely corrections.

Fourth, it is necessary to propagate and provide adequate information on price information so that the majority of people understand and support the Government's price management, avoiding inflation as well as uncontrolled price increases.

“In particular, the time when the base salary was increased to 1.8 million in July, we calculated it very carefully, and it did not affect much. However, we must also pay great attention to controlling prices, so that by the end of 2023, the CPI will not exceed 4.5% by the end of the National Assembly," emphasized the Deputy Prime Minister.