Markets and trade
 

Detail

Area
Gambia
Commodity Group
Rice
Commodity
All
Date
23/03/2020
Policy Category
Consumption and marketing
Policy Instrument
Price controls, commercial practices, re-export ban
Description
Issued the Essential Commodities Emergency Powers Regulations 2020, under which retail and wholesale prices of essential goods, including rice, were frozen at their 18 March 2020 level. The Regulations also set out fines and penalties to those found in breach of their provisions, further prohibiting hoarding of essential commodities, their re-export and rendering their sale conditional on purchases of other products. The measures will be in place for as long as the state of public emergency remains in place in the country.