Check on markets as shopowners sign pledge not to hike food rates – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

  • Date: 06-May-2021
  • Source: Arab Times Kuwait
  • Sector:Economy
  • Country:Middle East
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Check on markets as shopowners sign pledge not to hike food rates – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

‘Review decision on ‘movement’ of people’

KUWAIT CITY, May 6: Director of the Technical Authority for Supervising Goods and Determining Their Prices in the Commercial Control and Consumer Protection Sector at the Ministry of Commerce and Industry Faisal Al-Ansari said the administration has an annual plan to follow up and monitor prices, indicating that in the event of any artificially raised prices, the administration writes to the concerned departments in the commercial supervision and consumer protection sector to take the necessary action, reports Al-Anba daily. Al-Ansari told the Al-Anba daily the administration monitors the prices of 130 basic commodities and 94 commodities that are currently in high demand and focuses on central markets, cooperative societies, meat and dates sales, mills, roasters and other activities that are currently in high demand, warning store owners not to exploit the seasons to raise prices.