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Trade resolves the file of the crisis of high prices in the local markets
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Baghdad / Al-Mawred News
Today, Sunday, the Ministry of Trade revealed the reasons for the high prices of foodstuffs in the Iraqi market.
"The change in the exchange rate and the rise of the dollar have greatly affected the rise of all commodities and foodstuffs in the markets, without exception," said the ministry’s spokesman, Mohamed Hanoun.
He added, "The Ministry of Trade has taken immediate action to limit the rise in food prices in the markets, after distributing four items of sugar, oil, rice and flour, with directing all foodstuff agents in the governorates to receive these materials and distribute them immediately to citizens in order to reduce the high prices in the markets." .
Hanoun added, "We face a major challenge in the Ministry of Trade regarding the provision of the ration card items for citizens due to the lack of financial allocations and government red tape with regard to contracts with the equipped companies."
He revealed that "the funds allocated for the year 2021 so far, amounting to 33 million dollars only, are not sufficient to purchase oil."
He pointed out that "the Ministry of Trade allocations for the years 2011-2014 amounted to 6 billion dollars, while the financial allocation for 2021 reached 575 million dollars."
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[You must be registered and logged in to see this image.] 2021/03/14
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Baghdad / Al-Mawred News
Today, Sunday, the Ministry of Trade revealed the reasons for the high prices of foodstuffs in the Iraqi market.
"The change in the exchange rate and the rise of the dollar have greatly affected the rise of all commodities and foodstuffs in the markets, without exception," said the ministry’s spokesman, Mohamed Hanoun.
He added, "The Ministry of Trade has taken immediate action to limit the rise in food prices in the markets, after distributing four items of sugar, oil, rice and flour, with directing all foodstuff agents in the governorates to receive these materials and distribute them immediately to citizens in order to reduce the high prices in the markets." .
Hanoun added, "We face a major challenge in the Ministry of Trade regarding the provision of the ration card items for citizens due to the lack of financial allocations and government red tape with regard to contracts with the equipped companies."
He revealed that "the funds allocated for the year 2021 so far, amounting to 33 million dollars only, are not sufficient to purchase oil."
He pointed out that "the Ministry of Trade allocations for the years 2011-2014 amounted to 6 billion dollars, while the financial allocation for 2021 reached 575 million dollars."
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