Suspension measures of tariffs on foodstuffs come into force

     Economy           
  • Luanda     Wednesday, 15 September De 2021    16h33  
Inside a supermarket
Inside a supermarket
Pedro Parente

Luanda – Angola has announced relief measures on the prices of essential goods widely consumed by the population, through the suspension of customs duties.

The measures entered into force on Tuesday (14), after the publication of the Provisional Presidential Legislative Decree No. 1/21 in the country’s Official Gazette.

 

This legal Act, expected to last 70 days countrywide, states that the measures are intended to protect the public interest on mitigation of the impact of the effects of the Covid-19 pandemic on prices of essential goods widely consumed by populations.

 

The document also stresses the need to guarantee access to basic foodstuffs, as well as the maintenance of the purchasing power of citizens.

 

The products covered by suspension of tariffs include rice, pork, beef jerky, chicken thigh, corn grain, powdered milk and cooking oil.

 

The document also states that the measures aim to increase the national production of essential goods widely consumed by the populations and reduce the cost of their import as well as increase the speed of flow and supply of essential goods countrywide, cutting of red tape in acquisition and distribution process.

 

 





+