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Commerce Ministry To Publish New Price List
Date Uploaded: Aug 07, 2014

Acting Minister of Commerce,Mr. Cyrill Allen II




Commerce Ministry To Publish New Price List

By Prince Nagbe

MONROVIA, August 7 (LINA) – The Acting Minister of Commerce has disclosed that the ministry will on Friday, August 8, begin publishing the recommended prices of basic commodities on the Liberian market.

Mr. Cyrill Allen II made the disclosure Thursday at the Ministry of Information regular press briefing held in the Charles Gbenyon Conference Hall at the ministry on Capitol Hill.

According to Minister Allen, the decision comes in the wake of reports of the recent hike in the prices of basic commodities on the market by some unscrupulous business people, especially commodities used in the fight against the Ebola disease such as buckets, soap, gloves and Clorox, among others.

The acting Commerce Ministry boss told journalists that the ministry has assigned 120 inspectors on the field with a mandate to monitor and seize goods that will be sold above the stipulated price quoted by the Ministry of Commerce.

Allen also noted that anyone who will be caught increasing the prices of basic commodities or found hoarding these goods will be arrested and turned over to the Ministry of Justice for prosecution.

He urged businessmen involved in such unwholesome act to desist and get involved in the fight to curb the Ebola epidemic.



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