Red meat profit checks

Economy and Finance Minister Fouzi Lekjaa called for monitoring the purchase prices of red meat, transportation costs, and importers’ profit margins. He proposed conducting an evaluation every three months in coordination with a parliamentary committee, to identify importers and disclose quantities and prices, and to verify whether the measures are benefiting consumers. He acknowledged that earlier support for sheep imports had not had the desired effect on purchasing power. He attributed the continued need for imports to the decline in the national herd caused by drought and climatic conditions, as well as sustained demand. He said imports were a temporary measure that would end once the herd recovered, adding that they should be properly regulated, with due regard for health and safety, protection of livestock farmers, and the supply of meat at affordable prices.

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