
The cooperative societies have greatly contributed to the Ministry of Social Affairs and Labor’s efforts to prevent price hikes, especially now that the holy month of Ramadan is just around the corner, reports Al-Watan Arabic daily quoting Undersecretary Mohammad Al-Kandari. Speaking at the launching of the Ramadan Commodities Fair in Adan and Qusour Cooperative Society recently, Al-Kandari revealed the special discounts on basic commodities offered by the cooperatives have gone a long way in thwarting the attempt of some greedy traders to take advantage of the occasion to gain higher profits at the expense of the consumers.
He advised the citizens to buy all the things they need for Ramadan as early as now to avoid the rush, but he cautioned them against hoarding because the scarcity of supply might prompt the traders to raise prices. On the other hand, Head of the Cooperative Societies Union Dr Hussein Al-Duwaihis said discussions on the request of some traders to increase the prices of certain commodities was postponed until the end of Ramadan to ease the financial burdens of consumers.
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