Honduras Discussing Postponement of Price Freeze
The Government looks to extend the decree which froze prices of basic goods until January 19, 2011.
Friday, January 14, 2011
The head of the Ministry of Industry and Commerce (SIC), Juan José Cruz, said he had evidence that price speculation in the Honduran market is still present, so he does not rule out the extension of the decree," reports Digital Process.
Government price freezes, which these days are seen as an option to maintain the price of basic goods in Honduras, always ends up hurting consumers.
Congress passed a decree freezing the prices of 33 basic food products.
The government is analyzing the maximum price of 30 products in the basic basket.
The worldwide food crisis is a concern not only because of the possible scarcity of food, but also because it raises prices for the entire basket of family consumer goods, and Panama cannot ignore it.
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