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Sunday , February 5 2023

Rents of shelves hiked

This post has been read 13586 times!

KUWAIT CITY, May 31: A big number of food and consumer goods suppliers have submitted an official complaint to the Ministry of Commerce and Industry against some administrators of cooperative societies, reports Al- Qabas daily quoting reliable sources.

The suppliers indicated in the complaint that some cooperative societies departments are still asking some suppliers to pay more rent for the shelves which they use in coops to display their merchandise, in addition to requesting free goods ranging from 10 to 50 percent of the commodity they desire in some cases and selling it on behalf of the supplier.

The daily added, this results in the supplier raising prices in general on food commodities to offset the losses. In light of this, the Ministry of Commerce and Industry has sent a letter to the Undersecretary of the Ministry of Social Affairs and Community Development stressing the need to implement the recommendations issued and approved by the Cabinet’s decision not to contribute to raising prices to protect consumers, in compliance with the law and to ensure the continued availability of goods in the local market without interruption.

What some cooperative societies are doing today is an indirect contribution to raising the prices of goods for consumers in general, as continuing to raise the prices of renting shelves at this time is a violation of Cabinet Resolution No. 232/2222 which was issued at its meeting No. 7 2022 held on February 14, 2022, which approved the report of the Advisory Committee for the study of prices.

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