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BREAKING: “Pack bread price increase illegal,” says Minister Francis Fonseca

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Posted: Tuesday, April 26, 2022. 4:41 pm CST.

By Benjamin Flowers: Belizeans have been reeling as bakeries across the country have raised the price of a 16-ounce pack of bread by 75 cents from $1.75 to $2.50. However, Cabinet Minister Francis Fonseca says that the price increase is unsanctioned and hence illegal as the price of bread is regulated.

Fonseca told the media today that Cabinet did not approve any such increase and is currently awaiting a paper from the Minister of Agriculture and Food Security, to further discuss the matter.

“They are in absolute contravention of the law,” Fonseca said, “It’s illegal. They have no authority to do that. Bread is a controlled price substance…so until the law is changed they have no authority to do that.”

Information from the Belize Tax Service also states that all bread is non taxable and as such many bakery owner receive a refund from General Sales Tax monthly.

 

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