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October 21, 2022
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Prices of several products register low, assures the Dominican Federation Merchants

Precios varios productos registran bajas asegura Federación Dominicana Comerciantes

He asked the Government to extend Law 6-22 for six months, which provisionally levies a zero rate in the Customs tariff on 67 basic consumer products.

The Dominican Federation of Merchants (FDC) He assured that the prices of various products that make up the family basket have begun to register drops of 40%, due to the decrease in the costs of raw materials, maritime transport, in addition to the fact that the stability in the exchange rate has been essential to control inflation.

Also, he asked the Government Extend Law 6-22 for six months, which provisionally levies a zero rate on the Customs tariff for 67 basic consumer products, which expires on the 27th of this month.

These statements were made during the celebration of the 48th anniversary of the FDC, in which an award was given to the President of the Republic, Louis Abinader.

The president of the entity, Ivan Garciacited that among the products that have dropped in price are rice, garlic, beans, onion, soybean oil, among others.

We invite you to read: What should you have pending for good credit card management?

On the issue of citizen security, he said that the FDC is supporting the National Police, through donations of equipment and other types of collaboration with the aim of helping to reduce criminal acts, which greatly affect the commercial sector. He also called for changes to the Labor Code and the Social Security Law.

FDC awards recognition

Developing
The President of the Republic, Luis Abinader, thanked the recognition given by the FDC for the good handling of the crisis caused by covid 19. The president expressed that the country will have a growth of more than 5% this year, for which will continue to work together with the productive sectors to achieve more development. Other merchants were also recognized.

You can also read: Director of the National Police: “I have heavy games”



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