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Price Stabilisation Account: Deficit Halved, Measures to Reduce Egg Costs

Price Stabilisation Account: Deficit Halved, Measures to Reduce Egg Costs

The deficit of the Price Stabilisation Account now stands at Rs 2 billion, down from Rs 4 billion in June 2024. This announcement was made by the Minister of Commerce, Michael Sik Yuen, during a press conference this afternoon.

The minister reviewed the actions taken by his ministry and indicated that efforts are being made to lower the price of eggs, despite some ongoing challenges. According to him, the reduction in the deficit should further relieve Mauritian consumers.

Next year, the STC will have new important missions, with an expanded range of products and more variety for consumers.

When asked about the possibility of classifying eggs as a maximum mark-up product, Michael Sik Yuen clarified that his ministry is already working on it while highlighting certain obstacles. He assured that all measures are aimed at easing the burden on consumers.