IMA Director Denies Unfair Competition with Supermarkets
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- Panama's Agricultural Marketing Institute (IMA) director stated that no unfair competition exists with supermarkets.
- He justified the existence of agro-fairs, noting 92% of buyers earn less than $500 monthly.
- The statement responds to supermarket claims of unfair competition from the agro-fair program.
The director of Panama's Agricultural Marketing Institute (IMA), Bernardo Murillo, has directly addressed supermarket concerns, asserting that "no unfair competition exists" from the government's agro-fair program. Murillo defended the program by highlighting the economic realities of its participants.
He explained that studies by the IMA show 92% of individuals purchasing produce at the agro-fairs earn less than $500 per month. This income level, Murillo argued, justifies the program's existence as a vital support for low-income consumers and small-scale farmers.
The IMA's stance comes in response to claims from supermarket associations that the agro-fairs create an uneven playing field. Murillo's comments aim to counter these accusations by emphasizing the social and economic objectives of the agro-fair initiative, positioning it as a necessary service for a significant portion of the population.
the studies conducted by the entity show that 92% of buyers at agro-fairs perceive incomes below 500 dollars monthly
Originally published by TVN Panamรก in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.