Eco
Amidst ongoing efforts by relevant authorities to regulate local markets and alleviate living burdens on citizens, the local public awaits the implementation of new regulatory measures that will contribute to achieving a clear price balance in the coming days. In this context, the Ministry of Trade revealed the details of regulatory plans covering vital sectors, confirming that the upcoming period will witness a noticeable decline in the prices of meat, poultry, and eggs across all provinces without exception, coinciding with recent decisions regarding customs and taxation aspects. The General Manager of the General Company for Foodstuffs Trading, Lama Al-Moussawi, explained in press statements that the adopted procedure legally involves postponing the collection of customs tariffs rather than completely canceling them, given that tariff approvals are subject to specific legislation and laws. She pointed out that allowing the entry of imported foodstuffs consisting of calves and cuts, as well as opening the import of poultry and table eggs without imposing any customs fees or tax amounts, will play a major and direct role in breaking market monopolies and reducing operational costs, which positively reflects on final consumer prices, especially within the Cooperation Hypermarket outlets that witness wide turnout. She added that the previous tariff rate was estimated at about 13.5, and the step of zeroing or postponing it will lead to a gradual and tangible decrease in the prices of calves, poultry, table eggs, and various types of cuts. She gave an example of the current price of an egg carton amounting to 5500 dinars, indicating that it will witness additional decreases during the coming week to become lower than current levels. She pointed out that the General Company for Foodstuffs Trading had initiated a package of proactive measures and relied on supporting local products and maintaining price stability even before the official decision was issued, emphasizing that the mere hint of such decisions effectively contributes to regulating the market rhythm and breaking unjustified price hikes, let alone during actual implementation. In concluding her remarks, Al-Moussawi confirmed that all types of meat, chicken, and cuts are included in these regulatory measures, stressing the Ministry of Trade's commitment to protecting the consumer and ensuring they are not exposed to any financial harm. She indicated that the ministry's supervisory role consists of obligating marketing outlet owners to adopt appropriate prices, while providing citizens with the option to head towards alternative outlets that offer more suitable prices in case any violations or excessively high preferential prices are monitored in certain places.
