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Cabinet presses Commerce Min. to address "unjustifiably high" prices
August 23, 2016, 8:13 am

The Cabinet has pressed the Ministry of Commerce and Industry to continue to work to keep "unjustifiably high prices" in check and to inhibit "illegal exploitation," Minister of State for Cabinet Affairs Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah said on Monday.

In a statement to KUNA after the Cabinet's weekly meeting, Sheikh Mohammad Al-Abdullah said that the Cabinet discussed a report by the Ministry of Commerce on steps taken by the Consumer Protection Department to curb rising inflation.

Moreover, he noted that the Ministry of Commerce has administered more than 350 violations committed by various shops dealing with ballooned prices, adding that such practices will warrant legal action.

Furthermore, Sheikh Mohammad Al-Abdullah said that the Cabinet also discussed various measures taken by numerous government bodies to address skyrocketing fish prices, adding that the Cabinet has urged these bodies to act urgently to remedy this issue. 

Source: KUNA

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