I completely understand that the government puts off some
due liabilities to the private sector until the endorsement of the budget law,
since enterprises are tied to official provisions of ministries; such as the
Ministry of Public Works and the
Ministry of Health, among others.
اضافة اعلان
These ministries and others float tenders for
implementation, and the companies that win these tenders are not compensated
immediately, but are delayed until public funds are available.
Nevertheless, I cannot understand why the Civil Consumer
Corporation puts off the private sector dues for a long duration, reaching 6-7
months, while the latter provides it with products and services reaching
millions of dinars.
This causes the private sector incur massive financial
burdens, since it sets its production requirements, including financial plans,
banking facilitations and liabilities towards suppliers, according to liquidity
and its timely delivery.
The Civil Consumer Corporation is not a typical neighborhood
or village shop that records customers’ debts in a ledger. It sells directly to all consumers, deals in
cash, and does not lend any one; so why is the delay?
Some might say that the Civil Consumer Corporation does not
have a cash flow ready for payment, while in fact it operates on direct sales,
which are growing rapidly each month. This means that the corporation has
uninterrupted liquidity, and the delay is not justifiable.
Some might also say that the corporation takes advantage of
the cash flow to make revenues bank deposit interest. If that is the case, then
it is completely unacceptable, for many reasons, including the violation of the
main purpose of the
Civil Consumer Corporation.
Highly successful national companies also suffer severely
from the Civil Consumer Corporation’s long delays in paying its liabilities,
due to the financial pressures resulting from the lack liquidity, at a time
when these companies need each dime to pay salaries, loans, insurance, taxes,
customs and other fees which burden the private sector.
Other dealers with the Civil Consumer Corporation also
suffer severely, not only from the delay of payment, but also from the huge
discounts and offers they give the corporation. Some dealers went as far as describing it as mandatory conscription,
since it is not profitable, and some really enter the losses curve due to the
delay.
The Civil Consumer Corporation is highly important, as it
houses large quantities of locally-produced goods in its multiple locations
across the Kingdom. Nevertheless, this should serve as a green light to abuse
the private sector’s needs and use its official political power on the expense
of suppliers’ demands.
The relationship between the corporation and suppliers must
work on the grounds of partnership, knowing that it cannot import a single thing
or provide special prices for consumers without the suppliers’ support, unless
the government wants to subsidize goods from the Treasury, the times of which
are long gone.
A balanced relationship must be established between the
corporation and the private sector to adequately support the continuation of
both, without encroaching on any rights.
Read more opinions
.jpg)
.jpg)
