Kuwaiti stores will close if prices rise

 
 
 

In the Ministry of Commerce and Industry, Faisal Al-Ansari, Director of the Technical Department for Supervising Goods and Determining Their Prices, confirmed that 160 central markets and commercial stores in Shuwaikh Industrial Area were monitored by the Price Monitoring Team, in which the owners promised not to raise prices to take advantage of citizens' salary increases. According to Al-Ansari, the team focused on stores selling food, tea, coffee, dates, cardamom, and other items that are in demand during the new year.

When the ministry's decisions are violated and prices are raised, the store owners will be referred to the Commercial Prosecution if they violate the rules. He added: “We informed the store owners about the need to coordinate with the ministry in the event of any price increase by the exporting body, so that they do not commit a violation which could lead to the closure of the commercial establishments. In order to survey the markets and monitor prices, I submitted an action plan to the ministry's officials."

Since the ministry is intensifying inspection tours and price monitoring operations, it will not hesitate to impose the maximum penalty on those who abuse the salary increments granted to citizens by raising prices. If consumers are victims of commercial fraud or violations, he advised that they should visit a center affiliated with the Commercial Control and Consumer Protection Sector or call the Hotline. You can contact the ministry by WhatsApp at 55135135 or through the ministry's electronic platform at 135 or via the ministry's electronic platform.

 
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