News

Dominican Republic: Director of the DAI says cost of basic staples in the grocery basket can drop by more than 50%

The general director of the Dominican Agrarian Institute (IAD), Leonardo Faña, stated that the basic staple necessities products’ cost could drop by more than 50% if a series of measures are implemented to eliminate the factors that contribute to the increase of prices.

Those factors are mainly the intermediation and the “monopoly” that exists to grant the import permits, explained Faña this Tuesday during an interview in the morning program Hoy Mismo transmitted by Channel 9.

“We can lower the cost of the grocery basket by more than 50% of what it is today,” said the official.

MORE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s