Federal Government Decides to Close Utility Stores
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The federal government has decided to shut down utility stores across the country. According to the management of these stores, the government has provided a two-week notice to complete all pending transactions with companies. This move follows the termination of subsidies on items sold at these stores.
Impact on Employees
The decision has raised concerns among the over 11,000 employees working at utility stores. Out of these, approximately 6,000 are permanent staff, while the remaining employees are on contracts or daily wages. The closure is likely to impact their livelihoods, adding to the uncertainty surrounding the situation.
Final Transactions Underway
The utility store management is now focused on wrapping up transactions with suppliers and companies within the given two-week period. The closure marks the end of an era for utility stores, which have been a significant source of subsidized goods for many citizens.