CABINET NOTES: The Cabinet took note of the profitability reported by the Central Marketing Corporation (CMC) that has been recent.
The Cabinet opined that the original vision of the CMC was for it to purchase agricultural produce from farmers, in order to ensure that they had a market for their goods.
CMC has evolved and now imports a variety of goods; it attracts wholesalers, supermarkets, and other large purchasers, making it a successful enterprise.
The Cabinet asked the Comptroller of Customs to undertake a study that would indicate the extent to which waiver of duty and other taxes on imported items have led to a profitable CMC.
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