{"id":106048,"date":"2022-09-26T11:57:30","date_gmt":"2022-09-26T08:57:30","guid":{"rendered":"https:\/\/timeskuwait.com\/news\/?p=106048"},"modified":"2022-09-26T11:57:30","modified_gmt":"2022-09-26T08:57:30","slug":"gradual-liberalization-of-commodity-prices-seen-in-cooperatives","status":"publish","type":"post","link":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/","title":{"rendered":"Gradual liberalization of commodity prices seen in cooperatives"},"content":{"rendered":"<p>A decision is expected to be issued soon for the gradual liberalization of commodity prices, especially in cooperative societies. <\/p>\n<p>Reliable sources told a local Arabic daily this came after a number of local companies, suppliers and manufacturers submitted to the Minister of Commerce and Industry and Minister of Social Affairs and Community Development Fahd Al-Shariaan regarding the consequences of the resolution that was issued in this regard concerning good imported from abroad, in addition to the significant increase in freight and transportation prices. <\/p>\n<p>The sources confirmed that canceling the price fixing decision, if taken, will not be open, as the expected increase will range between 20 to 30 percent, with obligating suppliers to provide reasons and justifications for raising prices. Also, working teams and committees will be formed to monitor the new prices and penalize every supplier who tries to raise their products excessively. <\/p>\n<p>On the other hand, the sources reported that the prices of basic commodities in the supply branches will not change, regardless of the increase in inflation rates locally and globally, given that the government is a guarantor of the prices of basic commodities and pays the differences on behalf of the citizens and those entitled to subsidized government supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A decision is expected to be issued soon for the gradual liberalization of commodity prices, especially in cooperative societies. Reliable sources told a local Arabic daily this came after a number of local companies, suppliers and manufacturers submitted to the Minister of Commerce and Industry and Minister of Social Affairs and Community Development Fahd Al-Shariaan [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":106049,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,18],"tags":[],"class_list":["post-106048","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-local"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gradual liberalization of commodity prices seen in cooperatives - TimesKuwait<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gradual liberalization of commodity prices seen in cooperatives - TimesKuwait\" \/>\n<meta property=\"og:description\" content=\"A decision is expected to be issued soon for the gradual liberalization of commodity prices, especially in cooperative societies. Reliable sources told a local Arabic daily this came after a number of local companies, suppliers and manufacturers submitted to the Minister of Commerce and Industry and Minister of Social Affairs and Community Development Fahd Al-Shariaan [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/\" \/>\n<meta property=\"og:site_name\" content=\"TimesKuwait\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/timeskuwait\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-26T08:57:30+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2022\/09\/GFF-PR-Photo-5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lenin Kumar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thetimesq8\" \/>\n<meta name=\"twitter:site\" content=\"@thetimesq8\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lenin Kumar\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/\"},\"author\":{\"name\":\"Lenin Kumar\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#\\\/schema\\\/person\\\/c1f19a91112956d7f83c270ed5aa1760\"},\"headline\":\"Gradual liberalization of commodity prices seen in cooperatives\",\"datePublished\":\"2022-09-26T08:57:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/\"},\"wordCount\":209,\"publisher\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/GFF-PR-Photo-5.jpg\",\"articleSection\":[\"Featured\",\"Local\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/\",\"url\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/\",\"name\":\"Gradual liberalization of commodity prices seen in cooperatives - TimesKuwait\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/GFF-PR-Photo-5.jpg\",\"datePublished\":\"2022-09-26T08:57:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/#primaryimage\",\"url\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/GFF-PR-Photo-5.jpg\",\"contentUrl\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/GFF-PR-Photo-5.jpg\",\"width\":800,\"height\":479},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gradual liberalization of commodity prices seen in cooperatives\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/\",\"name\":\"TimesKuwait\",\"description\":\"Kuwait&#039;s Premier News Content Portal\",\"publisher\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#organization\",\"name\":\"TimesKuwait\",\"url\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"http:\\\/\\\/timeskuwait.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/TimesLog.jpg\",\"contentUrl\":\"http:\\\/\\\/timeskuwait.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/TimesLog.jpg\",\"width\":300,\"height\":103,\"caption\":\"TimesKuwait\"},\"image\":{\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/timeskuwait\",\"https:\\\/\\\/x.com\\\/thetimesq8\",\"https:\\\/\\\/www.instagram.com\\\/thetimeskuwait\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/#\\\/schema\\\/person\\\/c1f19a91112956d7f83c270ed5aa1760\",\"name\":\"Lenin Kumar\",\"sameAs\":[\"http:\\\/\\\/www.timeskuwait.com\"],\"url\":\"https:\\\/\\\/timeskuwait.com\\\/news\\\/author\\\/lenin\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gradual liberalization of commodity prices seen in cooperatives - TimesKuwait","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/","og_locale":"en_US","og_type":"article","og_title":"Gradual liberalization of commodity prices seen in cooperatives - TimesKuwait","og_description":"A decision is expected to be issued soon for the gradual liberalization of commodity prices, especially in cooperative societies. Reliable sources told a local Arabic daily this came after a number of local companies, suppliers and manufacturers submitted to the Minister of Commerce and Industry and Minister of Social Affairs and Community Development Fahd Al-Shariaan [&hellip;]","og_url":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/","og_site_name":"TimesKuwait","article_publisher":"https:\/\/www.facebook.com\/timeskuwait","article_published_time":"2022-09-26T08:57:30+00:00","og_image":[{"width":800,"height":479,"url":"http:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2022\/09\/GFF-PR-Photo-5.jpg","type":"image\/jpeg"}],"author":"Lenin Kumar","twitter_card":"summary_large_image","twitter_creator":"@thetimesq8","twitter_site":"@thetimesq8","twitter_misc":{"Written by":"Lenin Kumar"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/#article","isPartOf":{"@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/"},"author":{"name":"Lenin Kumar","@id":"https:\/\/timeskuwait.com\/news\/#\/schema\/person\/c1f19a91112956d7f83c270ed5aa1760"},"headline":"Gradual liberalization of commodity prices seen in cooperatives","datePublished":"2022-09-26T08:57:30+00:00","mainEntityOfPage":{"@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/"},"wordCount":209,"publisher":{"@id":"https:\/\/timeskuwait.com\/news\/#organization"},"image":{"@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/#primaryimage"},"thumbnailUrl":"https:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2022\/09\/GFF-PR-Photo-5.jpg","articleSection":["Featured","Local"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/","url":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/","name":"Gradual liberalization of commodity prices seen in cooperatives - TimesKuwait","isPartOf":{"@id":"https:\/\/timeskuwait.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/#primaryimage"},"image":{"@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/#primaryimage"},"thumbnailUrl":"https:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2022\/09\/GFF-PR-Photo-5.jpg","datePublished":"2022-09-26T08:57:30+00:00","breadcrumb":{"@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/#primaryimage","url":"https:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2022\/09\/GFF-PR-Photo-5.jpg","contentUrl":"https:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2022\/09\/GFF-PR-Photo-5.jpg","width":800,"height":479},{"@type":"BreadcrumbList","@id":"https:\/\/timeskuwait.com\/news\/gradual-liberalization-of-commodity-prices-seen-in-cooperatives\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/timeskuwait.com\/news\/"},{"@type":"ListItem","position":2,"name":"Gradual liberalization of commodity prices seen in cooperatives"}]},{"@type":"WebSite","@id":"https:\/\/timeskuwait.com\/news\/#website","url":"https:\/\/timeskuwait.com\/news\/","name":"TimesKuwait","description":"Kuwait&#039;s Premier News Content Portal","publisher":{"@id":"https:\/\/timeskuwait.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/timeskuwait.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/timeskuwait.com\/news\/#organization","name":"TimesKuwait","url":"https:\/\/timeskuwait.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/timeskuwait.com\/news\/#\/schema\/logo\/image\/","url":"http:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2020\/04\/TimesLog.jpg","contentUrl":"http:\/\/timeskuwait.com\/news\/wp-content\/uploads\/2020\/04\/TimesLog.jpg","width":300,"height":103,"caption":"TimesKuwait"},"image":{"@id":"https:\/\/timeskuwait.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/timeskuwait","https:\/\/x.com\/thetimesq8","https:\/\/www.instagram.com\/thetimeskuwait\/"]},{"@type":"Person","@id":"https:\/\/timeskuwait.com\/news\/#\/schema\/person\/c1f19a91112956d7f83c270ed5aa1760","name":"Lenin Kumar","sameAs":["http:\/\/www.timeskuwait.com"],"url":"https:\/\/timeskuwait.com\/news\/author\/lenin\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/posts\/106048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/comments?post=106048"}],"version-history":[{"count":0,"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/posts\/106048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/media\/106049"}],"wp:attachment":[{"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/media?parent=106048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/categories?post=106048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/timeskuwait.com\/news\/wp-json\/wp\/v2\/tags?post=106048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}