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Government claims its liquor policy is in the public interest
AI In-brief 13 Sept 18:53

Government claims its liquor policy is in the public interest

  • The government defends its new liquor policy, effective today, asserting it serves the public interest by dismantling an oligopoly and promoting fair market competition.
  • The edict empowers individuals to produce liquor for household or commercial purposes, removing previous minimum capital and production capacity requirements for small and medium-sized enterprises (SMEs).
  • While easing market entry, the policy mandates strict adherence to health, safety, and environmental standards to protect consumers, foster local wisdom, create jobs, and ensure tax collection.
  • The government justifies its edict by contrasting it with the opposition's proposed bill, citing concerns about potential loopholes and substandard products, thereby prioritizing consumer and environmental protection.
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