The Minister for Trade and Authorising Officer for the European Development Fund (EDF) , Antonio Pedro Olivera Boropu, formally delivered the Order of 2nd February, 2017, cancelling in ports, airports and other customs posts on national territory some non-collecting services. The meeting took place in the administrative city of Djibloho.
The head of Trade reported to economic operators on the content of this order, which cancels some collecting services at ports, airports and customs posts, recognising the abusive scale of prices for regular consumer products (goods and services) within the national market, and its incidence on the shopping basket and, as a consequence, its impact on inflation in our economy, which thus affects the well-being of families that see their purchasing power falling.
Furthermore, this measure was taken in line with the declared desire of the Government to fight against inflation, in order to ensure sustainable purchasing power for the various social layers, within the framework of the strategy to combat poverty, and to respond to the multilateral macroeconomic convergence requirements set out by the Economic and Monetary Community of Central Africa (CEMAC).
Source: Official Web Page of the Government of the Republic of Equatorial Guinea