Bahamas News
“WE ARE A COUNTRY OF LAWS”: Bahamas PM says gov’t will enforce PRICE CONTROL
By Shanieka Smith
Staff Writer
#TheBahamas, December 8, 2022 – Bahamas’ Price Control Regulations were amended two months ago and several grocers have not complied. Now, Prime Minister Phillip Davis said the government will take measures to ensure grocers change their prices and obey the law.
Speaking at a Christmas Tree Lighting in Christie Park on Tuesday night, Davis said, “we are a country of laws, so we
He said the change was in response to the high cost of living in The Bahamas. He promised the residents in attendance that the government will do all it can to ensure the people’s survival amidst the inflation. Many grocers complained that the price control would cut into their profits.
President of the Retail Grocers Association, Phillip Beneby announced that a proposal was sent to the government regarding the Price Control Basket, however, they have not received a response.