President Dr Mohamed Irfaan Ali on Wednesday announced a series of measures to reduce food prices in the Moruca sub-region, identifying high transportation costs and limited local production as key factors driving up the cost of living for residents.

Addressing residents in Santa Rosa during an outreach, the president said the government is looking to establish a cargo service between Charity and the Moruca sub-region to transport food and other essential goods at more affordable rates.

He said the initiative could be operated by a consortium of young entrepreneurs with support from the Guyana Development Bank.