WILLEMSTAD – The possible reintroduction of Curaçao’s Makutu Básiko, a government-regulated basket of essential goods with controlled prices, is moving closer to becoming reality.
Minister of Economic Development Roderick Middelhof held discussions last week with representatives of the Bonaire and Curaçao Association of Supermarkets (BVCA) about restarting the system. The talks focused on possible options for bringing the program back into effect.
According to information received by the Fundashon pa Konsumidó (consumer’s organization) from the ministry, several proposals were discussed during the meeting. However, the final implementation of the system still depends on approval from the BVCA.
The Makutu Básiko is designed as a regulated package of basic products whose prices are monitored to ensure affordability. The basket typically includes essential goods that households need on a daily basis, such as food items and hygiene products.
The policy tool is intended to guarantee that consumers maintain access to affordable necessities, particularly during periods of rising prices or economic pressure.
In recent weeks the issue has once again drawn attention and raised questions among consumers. The Fundashon pa Konsumidó says it is closely monitoring the developments and stresses that the Makutu Básiko could play an important role in protecting the welfare of consumers on the island.