DPM Prasad warns poultry industry to charge reasonable prices or Govt will implement price control

DPM Prasad warns poultry industry to charge reasonable prices or Govt will implement price control

By Alipate Narawa
Wednesday 19/06/2024
Deputy Prime Minister and Minister for Finance Professor Biman Prasad

When the government provides them with support to protect the industry they must also take some responsibility to ensure that the prices they charge to the consumers are reflective, reasonable and makes sense.

Deputy Prime Minister and Minister for Finance, Professor Biman Prasad highlighted this to fijivillage News regarding the fluctuating frozen chicken prices over the last few weeks.

Professor Prasad says if the poultry industry does not pass on the incentives it receives, then the government will have no other option but to ensure that they do so, and that is the clear message he wants to send to the industry.

He says the government gives the poultry industry a 42 percent duty protection and expects them to behave ethically in a way they are able to translate that protection into better quality and priced products because they are also restricting the import of frozen chickens.

He says between the three chicken producers in the country, they employ 2,400 people, and they cannot use that as a basis of holding 800,000 people to ransom.

Professor Prasad will deliver the 2024/2025 National Budget at 10am next Friday.

Click here for more Budget 2024-2025 stories

FEATURE NEWS
Family mourns the sudden passing of 'Ranadi Kei Viti'
37-year-old Esala Seru Yalewamama’s family is trying to come to terms after the sudden passing of their eldest member, best known as 'Ranadi Kei Vit...
21 minutes ago
LATEST NEWS
More than 25 jobs created as RC Manubhai opens in Navua
More than 25 people now have a job in Navua as RC Manubhai has opened a branch to cater for the people from Serua and Namosi. While speaking to ...
6 minutes ago

Family seeks help to find missing 38-year-old son Elvin Lal
A family is seeking assistance in locating their son, 38-year-old Elvin Lal, who has been missing since last Sunday from their home in Deepwater, ...
3 hours ago

60 families may join members in Australia under PALM scheme pilot program
About 60 families could be joining their family members working under the PALM scheme in Australia as they were part of the Family Accompaniment ...
5 hours ago

200 students pioneer at cadet pass out at Ba Sanatan College
200 students have pioneered the Ba Sanatan College’s first cadet pass-out parade which was reviewed by Acting Commissioner of Police Juki Fong Chew ...
5 hours ago

Lands Ministry and WAF to tackle Waimanu River turbidity issue and water disruptions
Following concerns raised by the Water Authority of Fiji on high turbidity levels in the water due to extreme over-extraction of gravel and sand from ...
5 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
2024-2025 National Budget address by the Minister for Finance
2024-2025 National Budget address by the Minister for Finance Prof. Biman Prasad. 2024-2025 Budget ...
6 days ago

Crisis within FijiFirst that led to its deregistration
The FijiFirst Party has been de-registered by the Registrar of Political Parties, Ana Mataiciwa. This is the end of the party that led government ...
10 days ago

Pre-Budget 2024-2025
Pre Budget 2024-2025 budget recommendations and an insight of what people on the ground wish to see in the National Budget
16 days ago

TOP