Rwandan Govt Attempts to Tame Increasing Food Prices

Rwanda's Ministry of Trade and Industry has deployed teams across the country to inquire into factors behind drastic rise in food prices.

Food and non-alcoholic beverages prices in urban areas have also increased by 29.2% during the month of August compared to the same period last year according to the Consumer Price Index that was released by the National Institute of Statistics of Rwanda.

The government is mulling exempting some locally processed foods from VAT to tame the prices on local market and to allow them to compete favourably with imported food, according to Trade and Industry Minister, Jean-Chrysostome Ngabitsinze.

The food that may be exempted according to the minister include rice and maize flour which are locally produced.

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