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Mauritius to subsidise essential food products as cost of living soars

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Mauritius to subsidise essential food products as cost of living soars

Government has maintained the provisions of the Consumer Protection (Maximum Price of Essential Goods) (Amendment) Regulations 2021 concerning the seven essential product categories namely canned fish, canned tomatoes, cheese, edible oil, margarine, milk powder and pulses.

It has announced that it will provide an additional subsidy of Rs150 million to allow consumers to purchase these products up to 30 June 2022 at the same fixed prices.

An additional subsidy will be granted to bakeries purchasing flour in 25 kg bags directly from the State Trading Corporation.

This is expected to help meet the double objective of maintaining the price of the ‘pain maison’ at Rs2.60 while not penalising bakeries for increases in production costs.

Consequently, the bakeries would purchase a 25 kg bag of flour at Rs108.85 instead of Rs155.50.

However, bakeries say the measure is largely insufficient and maintain their call to increase the price of bread by Rs2.60.

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.