1 Day
Source:
الشرق الأوسط
Yemeni government acts to control market prices
The Yemeni government has taken measures to reassure the population following the implementation of the decision to liberalize the customs duties on the dollar. It emphasized that this decision applies only to luxury and non-essential goods, while basic foodstuffs and medicines are exempt from customs fees. Officials indicated that these measures aim to strengthen economic stability, increase public revenues, and prevent merchants from exploiting the decision to unjustifiably raise prices, especially with the upcoming Eid al-Adha. Additionally, supervisory committees have been formed to monitor markets and prevent monopolies, along with enhanced legal measures against violators.
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