Economy, Domestic Economy
0

New Taskforce Takes on Hoarding

New Taskforce Takes on HoardingNew Taskforce Takes on Hoarding

Minister of Industries, Mining and Trade Mohammad Shariatmadari appointed personnel to the newly-founded taskforce called “Intensified Fight Against Hoarding and Stashing” on Friday. These included his commercial affairs deputy, Hassan Younes Sinaki, the head of Consumers and Producers Protection Organization, Mahmoud Navvabi, and the head of ‘Tazirat’ Organization (a judiciary-affiliated ombudsman dealing with trading offenses), Jamal Ansari. According to Shariatmadari, the taskforce will help maintain balance in the market by supervising over imported commodities or ones produced using imported raw material purchased using subsidized foreign exchange rates and prevent disruptive activities such as hoarding and stashing, IRNA reported. The taskforce started work on Saturday. The minister also called on others, including the abovementioned bodies, public organizations, producers’ unions and associations, and businesspeople, to help realize the above objectives.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com