Santiago.- The Price Stabilization Institute (Inespre), plans to increase producer markets in the country, with the intention of helping the population adjusting the prices of food from the basic family basket to the cost of production.
“It is about increasing the markets of producers and thereby facilitating transportation for the producer and compensating for some products of the basic basket,” explained the deputy executive director of Inespre, Benigno Encarnación, who pointed out that the intermediation chain causes an increase in prices.
He said that the price of fuel increases the cost of transportation and therefore the value of the product in the market.
The official stated that the covid-19 pandemic has hit the national and international agricultural sector, such as the United States. He added that the problem caused by the virus is now also compounded by the war between Russia and Ukraine, since wheat, soybeans and corn are imported from the latter, which increases costs.
“A series of external factors affect the national agricultural sector, but thanks to President Luis Abinader and the agricultural team withMinister Limber Cruzthe sector has been strengthened to make it available to handle food security,” said Benigno Encarnación.
Encarnación recalled that in 2020, when Luis Abinader took office, he understood that the current times the world was experiencing were going to hit food security, so he assigned 5 million pesos at zero rate to the Agricultural Bank, as well as the delivery of 1,700 million pesos to curb and help producers with agrochemicals.
