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Basic commodities

Africa » Gambia
Tuesday, June 05, 2012

Editorial


The efforts by the Ministry of Trade and Regional Integration, The Gambia Competition Commission and the major importers of basic commodities to ensure that there are adequate stocks of basic commodities leading to and beyond the forthcoming Ramadan period, with prices remaining stable despite the recent appreciation of the US dollar against the dalasi are indeed worthy to be commended. 


The significance of the development cannot be overemphasised. It is certain that business is basically a fundamental human activity that people engage in to earn their living. But it is also a vital means of promoting the economic wellbeing of a nation. Therefore, it is important that those who are engaged in this crucial activity do it with honesty and empathy.


The development is also in inline with the Vision 2020 aspirations of the country and in the long-term could) lead to the realisation of the Millennium Development Goals (MDGs) which agitates for freedom from food poverty.


It is therefore imperative that we applaud the traders for coming to an agreement with the Ministry. The latter alone couldn’t have achieved the breakthrough. Success came as a result of a common tripartite agreement. Frankly speaking, the move by the traders in the country to come to terms with the Ministry and the Competition Commission shows that our business people are considerate.  


Already, it is evident that the growth potentials of the country are growing; there is no need for the people to venture into unnecessary price hikes. A slow but progressive business is what is sustainable and more profiting. We once again thank the three parties for a job well done.

Author: Daily Observer
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