Government suspends planned increase in beer prices
Government suspends planned increase in beer prices The government of Cameroon through the Ministry of Trade has suspended the initial decision it took to increase the prices of beer and other alcoholic drinks by the 1 st of January 2015 as contained in the 2015 finance law voted by parliamentarians during the November 2014 session of parliament. The decision was taken following a crisis meeting at the prime minister”s office in Yaounde on the 31 st of December 2014 between government and consumer associations. According to the Cameroon Consumers League, LCC, that was able to mobilise 5000 signatures in three days for a petition that was tabled to government denouncing the announced increase, if such increase was to be effected as contained in the finance law, then between 150fcfa and 600cfa will be added for each bottle of beer sold. LCC is also accusing the Minister of Finance of having decided to revise excise duties in the said law without consulting all the pa...