Cereals: Forecast of new price escalation leads UCID to propose subsidizing wheat flour

The Independent and Democratic Cape Verdean Union (UCID, opposition) intends to return to the issue of subsidizing wheat flour, in the prelude to “a possible” new rise in prices at an international level.

Jul 25, 2023 - 14:58
Sep 2, 2023 - 18:40
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Cereals: Forecast of new price escalation leads UCID to propose subsidizing wheat flour
Cereals: Forecast of new price escalation leads UCID to propose subsidizing wheat flour

Who said so was the deputy and president of the party, João Santos Luís, at a press conference in Mindelo, and who admitted to addressing the problem in the debate on the state of the nation next Friday, 28.

"We are aware of the news that report a new rise in cereal prices at an international level due to Russia's withdrawal from the Black Sea agreement, and things could get complicated", said the same source, who defended the decision. continuation of wheat flour subsidies until the situation is restored.

It is that, as the politician said, the measures that the Government introduced to mitigate the situation in the past were “below reality” and what the country needs.

"We will take our proposals to mitigate, while the country does not achieve the necessary resilience to face situations of this kind in the future", he reinforced, recalling that the issue of resilience is the responsibility of all governments that have already passed through the archipelago.

The UCID understands, according to João Santos Luís, that with the resources used to date in Cape Verde, the economy should be “much stronger and more resilient” to the point of responding to escalations and crises of this kind.

Another measure defended by the Christian Democrats is zero VAT on the food basket, possible “provided that the economic sector is programmed and structured”, not least because, he recalled, the Prime Minister had already said that the Government was carrying out a study.

The debate on the state of the nation is scheduled for next Friday, the 28th, in the National Assembly.