NewsWhore
12-05-2006, 05:20 PM
Although the President announced that basic food items would not be taxed, following meetings last week at the Presidential Palace promising that prices would be controlled, business leaders cannot explain why basic food prices are still extremely high. Prices got a jump start in mid November after the President had announced basic food would be levied the ITBIS tax.
A survey by Diario Libre reports that several colmados, supermarkets and stores revealed that eggs, butter, oils, sugar, beans, cod and chicken broth still remained extremely expensive. Administrative Minister of the Presidency Luis Manuel Bonetti, who last week claimed that the price hikes were due to fear and uncertainty caused by the announcement of the fiscal reform, assured the public that they would help normalize the situation, but have since been quoted in Diario Libre as saying that reductions in processed products are out of their control. Antonio Parra of the National Council for Provisions Businesses said that last week's agreement was to reduce things like garlic, beans, onions, potatoes and rice as long as they were allowed to import those goods. Parra did say that the price of eggs would be stabilizing this week. Yovanny Leyba of the National Federation of Business retailers maintained his position, saying that there is no reason for prices to be high.
More... (http://www.dr1.com/index.html#3)
A survey by Diario Libre reports that several colmados, supermarkets and stores revealed that eggs, butter, oils, sugar, beans, cod and chicken broth still remained extremely expensive. Administrative Minister of the Presidency Luis Manuel Bonetti, who last week claimed that the price hikes were due to fear and uncertainty caused by the announcement of the fiscal reform, assured the public that they would help normalize the situation, but have since been quoted in Diario Libre as saying that reductions in processed products are out of their control. Antonio Parra of the National Council for Provisions Businesses said that last week's agreement was to reduce things like garlic, beans, onions, potatoes and rice as long as they were allowed to import those goods. Parra did say that the price of eggs would be stabilizing this week. Yovanny Leyba of the National Federation of Business retailers maintained his position, saying that there is no reason for prices to be high.
More... (http://www.dr1.com/index.html#3)