The Chamber of Deputies adopted on Tuesday the bill extending the limitation of markups on staple foods until the end of 2024. The law is now heading for promulgation
The Chamber of Deputies adopted, by decision, the draft law that includes the amendment submitted by the PSD group to the Law approving the emergency ordinance 5/2024, by which the deadline for the application of the measure limiting the addition to basic foods will be extended until December 31, 2024.
According to the legislative proposal, “this emergency ordinance applies until December 31, 2024”.
The social democrats sent, in a press release, that “the PSD decision comes following the large number of requests from citizens to maintain the limitation of the commercial addition to basic foods – this being the best proof of the effectiveness of the measure promoted by the PSD” .
“Even if, following the limitation of the commercial addition, some seasonal variations in food prices were still manifested (since the final price was not capped, but only the margin added by traders to the prices of producers established under competitive conditions), it is obvious that the measure stopped speculated from the market and stabilized the prices of food products, at the same time contributing to tempering general inflation. The PSD believes that in the context of external economic and geopolitical uncertainties, it is necessary to have a social protection mechanism to ensure the stability of prices for products that are strictly necessary for a decent living”, says the mentioned source.
On February 19, the Senate adopted the project, as the first referred body, and the Chamber’s vote was decisive and thus the law goes to promulgation.
Prime Minister Marcel Ciolacu said on Monday that this measure is “absolutely justified” until inflation reaches below 5% at the end of the year, according to BNR data.
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