Kesarev became one of key initiators and advocates of cancelling the state price regulation for socially important foods in Ukraine

Within the FAO and EBRD funded project, Kesarev Consulting (Kyiv office) took part in drafting and advocating the Decree of Ukraine’s Cabinet of Ministers ‘On suspension of the state price regulation for socially important food products’. 

From October 1, 2016, the Ukrainian Cabinet of Ministers cancelled the state price regulation for socially important foods in testing mode. On December 16, 2016, the Ukrainian Prime Minister Volodymyr Groysman announced the Cabinet is satisfied with the results of the pilot project. Thus, by the end of the pilot project, the Cabinet decided to continue it starting from 1 January, 2017. 

The analysis conducted by Kesarev’ experts was aimed to estimate the real influence of the state price regulation on respective goods and to determine the factors influencing their prices. In the course of research, Kesarev’ experts proved ineffectiveness of the state price regulation. Based on the research results, Kesarev prepared the arguments on cancelling the regulatory mechanism used by the Government to advocate the launch and then the continuation of the pilot project.