A member of the People's Hluttaw asked in the Hluttaw that how will the government plan to reduce commodity prices and stabilize commodity prices

People's Hluttaw Representative U Tint Wai from Dagon City New Northern Constituency asked how the government will arrange for the reduction of commodity prices and stabilization of commodity prices. On the 27th day of the second regular meeting of the third session of the People's Hluttaw held on July 22, U Tint Wai, a member of the People's Hluttaw from Dagon New North Constituency, asked the star question, "We want to know how to reduce the price of commodities and stabilize the price of the high prices of consumer goods consumed by the people of Myanmar every day." U Tint Wai said, "I want to know how to manage the price reduction and stabilization of food products due to the high prices of food products that the country is currently facing. I will ask a star question through the speaker of the People's Hluttaw. Since the unrest in our country started in 2021, road connections have been difficult and people are short.The fruits that you eat every day, fish All kinds of groceries and edible oil are experiencing three to four times the price increase than the normal market price in the past," he said. In addition, 9,000 kyats in the country of Porsanmhu, 4,000 kyats of plain rice 17,000 kyats per pound of palm oil; 28,000 kyats per pound of peanut oil; 6,000 kyats per pound of potatoes; 7,000 kyats per pound of onion; 12,000 kyats per pound of garlic. The price of meat and fish is 28,000 kyats per pound of pork. 32,000 kyats per pound of chicken; 42,000 kyats per pound of beef; A pound of fish is 24,000 kyats and the price of eggs is 600 kyats and 700 kyats.The hill is high, He added that the price of palm oil has risen to about the price of a pound of groundnut oil in the past. "In our country, high prices and instability are not only present. We have to observe that this happened during the previous successive governments as well. There will be many reasons for the increase in prices and instability. In the past, if wages were increased, the prices would go up. In addition, the traders who handle and store food products are very profitable.Due to the increase in the price of goods. The increase in commodity prices after 2021 also means that there will be more checkpoints along the way in the transportation of goods. fuel scarcity; The rise in fuel prices; There will be many factors such as product supply and demand imbalance. The worst thing is that the greedy people buy the products they bought when the price was down and then price themIt's also because of sales. It is also seen that commodity prices in our country never go down after going up. Thus, the fruits that everyone eats every day, fish Various groceries and rice We are experiencing higher prices than before. Due to these conditions, ordinary manual workers, Meat and fish meal for low-paid company employees and retireesIt is very difficult to do. In addition to high prices and low incomes, the family's education, social We have to cope with high health expenses. Because of this, some people are looking for ways to make easy money in fraudulent ways, so they commit crimes such as theft and robbery. So at this time, the market of the governmentIt is also necessary to solve the extremely high rate at the national level, and on the other hand, it is time to take practical measures to solve it. Therefore, in response to the star-studded question, Hluttaw said that he would like to know how to resolve the high price of consumer goods and stabilize the price."I have to ask on behalf of the consumers through the Department," he said. In response to the star-studded question, Daw Than Than Lin, Deputy Minister of the Ministry of Finance and Taxes, said that the Ministry of Economy and Commerce should ensure domestic rice consumption sufficiency in order to ensure that the prices of the basic food products consumed by the people of Myanmar are not high and to ensure price stability. Being able to properly export and sell abroad; Rice marketTo stabilize the price of rice, He said that the publication of rice basic reference prices from time to time is being coordinated with the Myanmar Rice and Rice Federation. In addition, consumers can purchase edible oil safely and at a reasonable price. region He said that the state edible oil distribution supervisory bodies set the price and sell it. In order to reduce the increase in fuel prices, transportation, Diesel fuel, which is mainly used in manufacturing and agricultureHe said that efforts are being made to stabilize the rate and ensure that there is no rise in commodity prices. To help reduce the price of agricultural products, the import of fertilizers has been exempted from tax. In order to reduce the price of food products and stabilize the price, the private sector will be more cooperative in the process of the national government.The Deputy Minister replied.