Mauritania Launches Urgent Program​ to Stabilize Prices of⁤ Basic Materials

The Prime Minister of Mauritania, Mokhtar Ould ⁤Ajay, ⁤has announced the launch of an urgent program aimed at stabilizing, reducing, and supporting the prices ⁤of essential commodities.‌ This initiative includes setting a price ceiling that ensures a reasonable profit margin for businesses.

During his⁢ presentation of ‍the⁢ government’s general policy program to the National Assembly,⁣ Ould Ajay explained that​ the program will be achieved through the monitoring of stock levels in markets, prevention of speculation and monopoly, ‍and the establishment of a price‍ ceiling ⁣that takes ⁣into ⁤account ⁢the arrival price ‍and a reasonable profit margin. This margin will be updated periodically.

The emergency program will focus on key commodities, including wheat, rice, sugar, oil, meat, and cement. The Prime Minister expressed ‌his hope‌ for cooperation‍ from ⁤professionals in the⁣ trade⁢ sector⁢ to‌ ensure the program’s ⁢success.

In a related‍ development, the Ministry of Trade and⁤ Tourism has signed a protocol agreement with the Trade Union ⁢to ‌determine and reduce the prices of ⁤sugar, ⁢rice, oil, wheat, concentrated milk, cement, and domestic gas.