We remain concerned about the state of the market as prices of many essential food items are still beyond the reach of lower-income families, despite recent measures by the government. While the price of eggs has decreased in the past week after having gone through the roof earlier, the cost of four other key items—rice, oil, sugar, and onions—has risen. Despite the government reducing import tariffs on these goods to lower prices, consumers have yet to benefit from it, as these imports have not reached the market. But can tariff reduction alone stabilise the market? Experts argue otherwise. What's needed is a comprehensive plan covering all aspects of the supply chain to lower the costs of these daily necessities.
