Friday, January 21, 2011

1-21-11 Expert economic: Likely rise and goods during the week

Highlights/Thoughts
Click on the title of this posting to get to the details of this article

1. Economic expert suggested that prices of goods will increase during the week of the decision to grant import licenses for all goods and commodities
2. The burden of the increases will be on the consumer
3. There are concerns of corruption between the Ministry of Commerce and the owners of transactions

If citizens are already having to go through the garbage on the streets, how in the world will they be able to afford price increases? Demonstrations have already been held. Hopefully, the pressure from protesting citizens will mount even higher to send the message to the GOI to form now.

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