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Prices on Some Goods Won’t Rise, Russian Official Says

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Reuters

Russia plans to exempt some basic goods from price liberalization and raise domestic oil prices only gradually to world market levels, Russian President Boris N. Yeltsin’s chief economic adviser said Saturday.

Yegor Gaidar told a congress of Russian democrats that controls will be lifted on as many prices as possible. But bread, salt and milk prices will be among other goods to still be controlled, he said.

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