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Prices hiked? Government plans to establish store inspections, price control

Posted: Thursday, March 30, 2023. 3:07 pm CST.

By Zoila Palma Gonzalez: The Cabinet, chaired by Prime Minister John Briceño met on 28th March 2023.

Discussions included the effects of global inflation on Belize and how Government can address the rising cost of living.

Belizeans have taken to social media to share the prices of basic food items and the rapid increase of the price for these items at grocery stores around the country.

In an effort to alleviate these strains, cabinet agreed to set up meetings with wholesalers and retailers to ensure that everyone understand the urgency of the situation with a view to price control of goods and services.

In addition, cabinet agreed that the Government of Belize will establish the practice of store inspections and monitoring as offered by the unions.

The Government will also look at revisiting the list of basic commodities to expand the number of goods which are price-controlled.

They will also review the grocery bag program to ensure that the Belizeans who need help the most are those benefitting.

 

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