According to the minister of commerce, measures may lower the cost of living.
Described: 12 Jun 2024 at 17: 19
In a bid to lower the cost of living, the state has continued to control prices on 51 goods and services for another year.
At a conference presided over by Commerce Minister Phumtham Wechayachai on Tuesday, the government made the decision to keep the record for 51 things falling under the Price of Goods and Services Act of 1999.
He said the list covers vital items such as meals and other customer products, as well as gardening supplies and equipment including fertilisers, herbicides, animal feed, machines and corn farms. Building materials, paper, gas and treatments are also on the record.
As problems return to normal, the Cane and Sugar Board’s proposal to command sugar prices was canceled by the Central Committee on the Price of Goods and Services. To fight hoarding and stop illicit sugar imports, it is still a managed solution.
At the next government meet, a list of possible price controls will be discussed and approved.
In addition, the commission has introduced innovative measures requiring contractors to show charges, both offline and online, for 290 products, including 240 and 50 services.
According to Mr. Phumtham, investors are now required to display everyday getting prices of 33 agricultural products to stop consumers and farmers from being abused.