Measures taken to ensure consumers are not ripped off
The Ministry of Agriculture has taken steps against reports of hoarding and price-gouging by certain retailers in the country. This decision has seen the New Guyana Marketing Corporation (GMC), dispatching supplies of rice and sugar at pivotal points across the country.
This is to ensure that citizens can purchase at the approved prices, and to ensure that they are not ripped off as a result of the hike in prices for basic commodities during the festive season.
On Saturday, hundreds turned out to purchase rice and sugar from trucks dispatched by the GMC at Port Mourant, Linden, Mahaicony and Mon Repos, at the standard price, according to a report from the Ministry of Agriculture.
The prices are as follow;- White rice- $400 gallon, Parboiled (brown) rice- $540 and Sugar- $60 per pound.
Minister of Agriculture Robert Persaud on Tuesday cleared the air on the matter by issuing a stern warning to person found black marketing the commodities, noting that action will be taken against anyone found doing such.
He pointed out that, the Chief Executive Officer of the Guyana Sugar Corporation (GuySuCo), Paul Bhim has sinced advised that a team is currently monitoring the situation for persons found in this act, since there is currently no shortage.
Teams for GuySuCo and the Guyana Rice Development Board (GRDB), have been visiting distributors and retailers.
Reportedly, the Agriculture Minister has also instructed GuySuCo to review the quantity of sugar the corporation sells to any distributor found guilty of hoarding sugar.
consumers have over the last week voiced their concerns as it relates to the high prices for basic commodities as such, an investigation has since been launched into the matter and efforts are being made to rectify.
The Ministry of Agriculture has taken steps against reports of hoarding and price-gouging by certain retailers in the country. This decision has seen the New Guyana Marketing Corporation (GMC), dispatching supplies of rice and sugar at pivotal points across the country.
This is to ensure that citizens can purchase at the approved prices, and to ensure that they are not ripped off as a result of the hike in prices for basic commodities during the festive season.
On Saturday, hundreds turned out to purchase rice and sugar from trucks dispatched by the GMC at Port Mourant, Linden, Mahaicony and Mon Repos, at the standard price, according to a report from the Ministry of Agriculture.
The prices are as follow;- White rice- $400 gallon, Parboiled (brown) rice- $540 and Sugar- $60 per pound.
Minister of Agriculture Robert Persaud on Tuesday cleared the air on the matter by issuing a stern warning to person found black marketing the commodities, noting that action will be taken against anyone found doing such.
He pointed out that, the Chief Executive Officer of the Guyana Sugar Corporation (GuySuCo), Paul Bhim has sinced advised that a team is currently monitoring the situation for persons found in this act, since there is currently no shortage.
Teams for GuySuCo and the Guyana Rice Development Board (GRDB), have been visiting distributors and retailers.
Reportedly, the Agriculture Minister has also instructed GuySuCo to review the quantity of sugar the corporation sells to any distributor found guilty of hoarding sugar.
consumers have over the last week voiced their concerns as it relates to the high prices for basic commodities as such, an investigation has since been launched into the matter and efforts are being made to rectify.
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