Will Prices Rollback?

And even as the Trade Union Congress and Government continue to negotiate, in his address to the nation on Friday night the Prime Minister committed to the commitments made in Shoman's first proposals to the unions: that teachers and public servants would get their full increments on April 1st; that reforms agreed to with the business sector and the unions will be implemented and that taxes will be rolled back. But with prices already increased on February 1st, how will that "roll back" work? Well, it is working. Many places we checked today had cigarettes, beer and soft drinks reduced to their pre-February 1st prices, which is 25% to 35% less than post February 1st prices. More than that, a government release says that the Police Department will be teaming up with the Bureau of Standards and price control to crack down on price gougers. The release notes that they are already making checks at various establishments to see if they are in complying with price controls and the price standardization of weights and measures. If prices are shooting up in your neighborhood, you are asked to contact the nearest police station.