News
The State Trading Organisation (STO) has revealed plans to stock 24 key products at discounted prices for Ramadan, ensuring that essential items are readily available during the festive season. Sta...
Mohamed Hilmy
08 February 2025, 00:00
The State
Trading Organisation (STO) has revealed plans to stock 24 key products at
discounted prices for Ramadan, ensuring that essential items are readily
available during the festive season. Starting next week, the company will
import a variety of basic food items, vegetables, fruits, processed foods, and
cooking utensils to meet public demand.
The special
Ramadan stock includes staples such as onions, eggs, potatoes, coconuts, and
dates. In addition, the company will import a wide selection of vegetables and
fruits, including garlic, ginger, lime, carrots, oranges, cabbage, chili,
guava, watermelon, mangoes, passionfruit, and cucumber. Processed food items
like Nestlé cream, cocoa powder, baked beans, and condensed milk will also be
stocked, alongside essential cooking ingredients such as sunflower oil,
vegetable oil, and Basmati rice.
STO emphasized
its commitment to maintaining affordable prices for basic commodities. To
ensure this, the company will monitor market prices daily and take action if
any product’s price becomes unreasonable, in consultation with the Ministry of
Economic Development. The aim is to prevent a supply gap, allowing the public
to access goods without price inflation impacting their daily lives.
In line with
previous years, STO is prioritizing products likely to experience price
increases during Ramadan, with the goal of meeting demand without straining the
market. The state-owned enterprise also plans to adjust imports to ensure a
sufficient supply of goods to all areas in the Maldives.
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