3 MONTHS AFTER… Food Import Waiver Policy Fails To Take Off …C0NTINUE READING HERE >>>
Three months after the federal government rolled out an import duty waiver scheme on food items to address the country’s growing food insecurity, the scheme has failed to take off.
The scheme, designed to make essential food items more affordable and stabilise rising prices, has yet to benefit a single importer or company.
Industry stakeholders have cited overly stringent guidelines as the primary reason for its failure.
The government announced the implementation of the import duty waiver programme on July 15, 2024, and the plan was that it would run through December 31, 2024.
It was…
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