People raising concern over hike in price of commodities

Thursday, July 12th, 2012

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People have been expressing concern over rising prices of essential commodities in the country. According to them every government comes to power with misleading the public with various unfulfilled presidential oaths. They say that the governments never seem to remember these oaths they made to the public to get elected.

Abu Bakr Ali, age 45 of H. Dh. Kulhudhufushi said that the people are devastated with the rise in the price of essential commodities.

“The prices of essential commodities and food are escalating. There were many talks that the prices will come down when the duty tax is exempted. Since then it has been a long time but up until now there is still no good outcome. And with the GST, the prices have skyrocketed. As a consequence, we the common man are totally devastated,” Abu Bakr said.

One of the reformation brought to the economic policies during the regime of former President Mohamed Nasheed is to waive import duty from all commodities. The government started taking Goods and Services Tax (GST) instead and claimed that although the prices might rise due to the taking of GST, the price of goods will decrease when the new goods are imported without the duty. Six months have passed since then and no such thing have been witnessed yet.

“This is strange. Had it not been three months yet? Maybe no goods have been imported since the government waived the duty. With the change of power, the new government also raised some hopes in the people. However, they also have forgotten all that talk after a few days,” Mohamed Umar, a person working in the market said.

Mohamed said that everyone comes to power by showing false dreams to the people. And after coming to power all of these promises are forgotten.

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