IN SCOPEGDP$15.10BCPI YoY3.1%External reserves$3.12BImport cover6.1 moFiscal balance−1.8%
7 awaitingAll feeds live--:--:-- EDT
Minister of EconomyScope: National totals & exceptionsAuthority: Unlimited (policy measures, statements)Executive altitude: exceptions, decisions and aggregates. Individual trader records are de-identified for this role — operational granularity sits with the Comptroller.
Economic climate
Baseline conditions. Feeds nominal, no active shock applied.
Intensity
Effects spread across streams; buffers draw down.
TimelineCurrent · point 3 of 4

Scenario Lab

Model a policy intervention and see its cost and effect before it reaches the Minister.

Interventions

One measure is modelled at a time. Selecting a measure expands its parameters.

  • Lines covered · 14 of 14

    Duty-rate weight of the selection: 100% of the watchlist.

    Duration

Modelled effects — Duty suspension on essential staples

Recomputed live against the active climate (steady, mid intensity, phase 3). Nothing here is stored until it is submitted.

1

Fiscal cost

$18.4M

$18.4M full-period cost · 2.6% of FY-to-date customs & excise collections ($712M).

Forgone import duty across all 14 watchlist lines for 90 days. The lines carry 100% of watchlist duty by rate.

2

CPI effect

−2.1 pts food

Food-basket inflation 2.1 pts (from 4.2% to 2.1%), headline inflation 0.3 pts — not immediately, but 57 weeks after the measure takes effect.

Relief does not land immediately. A duty change reaches the shelf 5–7 weeks after it takes effect, so the modelled paths stay together for the first month and separate from week 5.

Food-basket CPI, modelled against do-nothing, over 12 weeks. The lag is the flat stretch: the lines only separate from week 5.
3

Reserves and import cover

−0.2 mo

Import cover moves from 6.1 mo to 5.9 mo.

Forgone duty is paid out of the same external position that funds imports, so cover falls slightly even as prices ease.

4

Distributional note

31% lowest quintile

Households in the lowest income quintile spend roughly a third of income on the watchlist basket, against a national average near one fifth. 31% of the modelled relief reaches that quintile — the most progressive of the seven measures here, because the basket itself is progressive.

5

Pass-through risk

3 of the 14 lines have historically been retained by importers rather than passed to consumers — rice (78% importer concentration), cooking oil (66%) and infant formula (84%). Modelled CPI relief assumes full pass-through on the other 11 lines.

Recommended condition: require these importers to file weekly shelf-price attestations for the duration of the suspension, with Consumer Affairs authorised to spot-check and refer non-pass-through cases to the Comptroller.

Scenario Lab · deterministic policy model v1 Tue 4 Aug 2026 · 06:00 Applied to the active climate, intensity and timeline point. Duty weighting from the 14-line watchlist duty schedule; pass-through lag and retention history from Consumer Affairs price files.

Take it up the chain

The model recommends. A human approves. The audit trail records both.

Measure
Duty suspension on essential staples
Amount
$18.4M
Priority
P1
Destination
Minister's queue

Nothing has been submitted yet. Every figure above travels with the request, so the queue carries the evidence and not just the ask. Pass-through lag stated as 5–7 weeks, consistent with Prices & Cost of Living.

SOVEREIGN IN-COUNTRY HOSTING · IMMUTABLE AUDIT LOG · EXPLAINABLE BY DESIGNHELM v1.0 · CLASSIFICATION: OFFICIAL · SIMULATED DATA FOR DEMONSTRATION