The Ministry of Supply is studying new pricing rules for staple goods
Analysts expect no immediate effect on consumer prices: current stock covers market needs at least to the end of next quarter.
The division head said the meeting examined the direct effect of the decision on supply inside the local market, and that the Chamber submitted a detailed memorandum carrying traders’ proposals on the timetable.
The Chamber had earlier launched a trader training programme on e-invoicing, taken up by more than 2,100 participants across six governorates.
The figures in brief
He added that stock turnover improved by close to 12% over the last quarter, but that the cost of finance remains the first obstacle to expansion in the governorates.
Verdict
The fair, reviewed
Well organised, and busier than expected.
- Organisation 8.8
- Turnout 8.0
What we liked
- A wide turnout
What we didn’t
- Cramped floor space
Transparency in the supply chain is not a burden on the market; it is what protects it from monopoly.
Analysts expect no immediate effect on consumer prices: current stock covers market needs at least to the end of next quarter.
What it means for traders
- fully digital shop licensing among next quarter’s priorities
- A review of the timetable with the trade divisions
- A monthly report to the federation’s board
The ministry’s representative stressed that the new rules aim at transparency in the supply chain rather than at fixing prices, and that breaches will go to the Consumer Protection Agency.
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