[You must be registered and logged in to see this link.][You must be registered and logged in to see this image.]
High prices hit the poor ... and a deputy talks about merchants' entitlement to "execution"
March 17, 2021
[You must be registered and logged in to see this link.]
High prices hit the poor ... and a deputy talks about merchants' entitlement to "execution"
March 17, 2021
[You must be registered and logged in to see this link.]
Eggs to 73 thousand dinars and oil to 54 thousand (Facebook)
The prices of commodities and foodstuffs in the Iraqi markets continue to rise towards numbers that citizens are not accustomed to, but the curfew measures due to the pandemic and the increase in the exchange rates of the dollar led to an increase in the prices of materials with a known relationship to the purchasing power represented by demand and offers by suppliers in the market.
share
A number of citizens complain about high prices, as the price of oil was 1500 Iraqi dinars or 2000 dinars, but today it is 3000 thousand and more per pack.
At this time, the ration card items continue to disappear more than two months after the last time they were distributed in early 2021, which is a major reason for the high cost of materials in the stores, and the Cabinet also recently called on the Ministry of Trade to accelerate the distribution of the card items with the best quality to the poor to overcome the economic and bureaucratic challenges. All in light of the Corona pandemic and with the approaching month of Ramadan.
Also read: [You must be registered and logged in to see this link.]
A number of citizens complain about the high prices, as the price of oil was 1500 Iraqi dinars or 2000 dinars, but according to them, it has become today at 3000 thousand and more per pack, which constitutes a heavy burden on them, especially for the owners of daily income and the poor classes in society. Their calls to the concerned authorities to find urgent solutions to stop the rise in prices in the market.
Jassim al-Muhammadawi, a foodstuff dealer in the capital, Baghdad, says, “Merchants today are suffering as a result of the increase in the dollar’s exchange rate, and their profits for the year 2020 were zero or below zero for some of them, as a result of the closure in Iraq due to the Corona pandemic, as well as the collapse of large companies as a result of anticipating their activities. And actually began to restructure its business for its major losses, pointing out that "the government in Iraq does not care about merchants and businessmen who focus their efforts on the commercial and industrial sectors, while neighboring countries such as Jordan and the Gulf states, in addition to China and the United States support traders in crises to strengthen the market and activate important economic plans to ensure that there is no Notifying the citizen with any crisis.
Al-Muhammadawi added to "Ultra Iraq", that "there are no justifications for the calls directed to hold merchants accountable and to impose penalties on them because they are not party to raising prices. Blame them away from the first cause, which is the governmental measures and the concerned authorities in this regard. "
He points out that "the market movement depends on supply and demand. When the government pressures the merchant to impose a price on goods such as eggs, chicken and oil, it must know that the supply must match the strength of demand, not that the relationship is disturbed by the presence of high demand and little supply, because that will be illogical Pointing out that there is a bad management of the economic file in the country and cannot solve the existing problems, and it has a severe impact on citizens and merchants together, while pointing out “the necessity to open imports of some materials that are in high demand to prevent some traders from raising prices, and so that the supply increases. And some merchants are deprived of greed that the goods will be available in the entire market. "
The price of food, rice, eggs, chicken meat and other items, especially basic materials, witnessed a rise in prices, while the reasons varied according to merchants. 73 thousand egg cartons in a strange boom in retail wholesale markets.
share
A deputy sent a letter to the prime minister asking him to hold greedy merchants accountable for not winning them ethically
The economic analyst Abdul Hassan Al-Shammari justifies the step of raising the dollar’s exchange rate by saying that it came to compensate the state treasury with an amount of 12 trillion Iraqi dinars for what Iraq lost as a result of low oil prices, but he added, “There must be quick treatments by the government because the exchange rate created problems in the relationship. Buyer and seller in the market, especially with regard to materials imported from abroad, which generated great pressure on the vulnerable strata of society, ”indicating to“ Ultra Iraq, ”that“ the simplest step that the government can take is to raise low salaries to amounts through which the shopkeeper can cope with rising prices. ".
Read also: [You must be registered and logged in to see this link.]
On the other hand, the MP from Nineveh Governorate, Ahmed Al-Jarba, spoke of sending a letter to the Prime Minister asking him to hold accountable “greedy merchants for not winning in an ethical manner, as they raised food prices in a clear exploitation of economic conditions, indicating to Ultra Iraq that“ the rise of the dollar from 1200 Dollars to $ 1460 has greatly affected the condition of the citizen, and then the employee. Unfortunately, the government has no real vision and cannot control prices and adjust the rhythm of the markets properly, so it must not be involved in manipulating the dollar exchange rates.
Al-Jarba added, "The cheerful merchants in the Iraqi market deserve execution or imprisonment for manipulating prices, even though the dollar rose only by 200 dinars, but the high cost of materials was not justified by raising them to double."
The Ministry of Planning confirms the effect of the dollar on the markets, according to a statement by its spokesperson, Abdul Zahra Al-Hindawi, in which he says that "one of the effects of the exchange rate is the rise of materials in general on food, consumer and construction materials in varying proportions, which led to an increase in inflation levels in the country by 2/4 during the three." The past months, pointing out that "during the past period, the rise did not exceed 1.5%, and as a result, when such a percentage occurs, which is 2/4, certainly there are some prices that may have risen to 20% or less or more, and that this rise in prices has cast a shadow over Vulnerable groups, the poor who live below the poverty line.
A member of the Parliamentary Finance Committee, Ahmed Al-Saffar, believes that “the issue of the dollar’s exchange rate by lowering or raising is a legal authority entrusted exclusively to the Central Bank of Iraq, in addition to determining the size of the monetary mass in the country, indicating in an interview with“ Ultra Iraq ”, that“ the financial committee does not It determines the exchange rate, and it is not in its power to change it no matter what happens, unlike the possibility of its intervention in determining the price of a barrel of oil in the financial budget. "
Al-Saffar stressed that "it is clear to everyone the impact of the dollar on the prices of goods and commodities on the market," but this remains only the government's decision, and the authority to direct to change it in cooperation with the Central Bank.
[You must be registered and logged in to see this link.]
Today at 6:45 am by Rocky
» Parliamentary Finance Committee discusses amending the three-year budget
Today at 6:40 am by Rocky
» utube 11/26/24 MM&C MM&C Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023,
Today at 5:19 am by Rocky
» "Rich Iraq" seeks "money" to combat methane emissions: internal and external obstacles
Today at 5:13 am by Rocky
» Increase in foreign remittance sales at the Central Bank of Iraq auction
Today at 5:12 am by Rocky
» Its area is 2.5 million acres, and these are its details.. Work begins on a "large" residential city
Today at 5:09 am by Rocky
» Kurdistan Finance delivers employees' salary schedule to the federal government
Today at 5:08 am by Rocky
» Beggars are sweeping the streets of Iraq.. Their numbers are "large" and 90% of them receive welfare
Today at 5:07 am by Rocky
» Settling tax trust claims
Today at 5:05 am by Rocky
» Launching the National School Health Strategy
Today at 5:04 am by Rocky
» Approval to implement service projects in Babylon
Today at 5:02 am by Rocky
» New container handling berths at ports
Today at 5:02 am by Rocky
» Work: Demand for registration in social security
Today at 5:01 am by Rocky
» Reconstruction: Land Bank to be completed next year
Today at 4:59 am by Rocky
» Aiming to enhance services in schools and prevent diseases, the National School Health Strategy for
Today at 4:58 am by Rocky
» Karmian Festival witnesses the conclusion of commercial and industrial contracts
Today at 4:57 am by Rocky
» Focus on the banking sector
Today at 4:56 am by Rocky
» Minister of Trade: Studies Center is a turning point that serves the Iraqi economy
Today at 4:55 am by Rocky
» Economists: Census is a roadmap for development
Today at 4:54 am by Rocky
» Today's newspapers are interested in Al-Sudani's announcement that the population of Iraq exceeds 45
Today at 4:53 am by Rocky
» International Development Bank: Today's incident was an extortion attempt that did not affect our wo
Today at 4:48 am by Rocky
» thirty-sixth session, chaired by the Minister of Planning
Today at 4:47 am by Rocky
» Closed meeting of the Parliamentary Finance Committee to discuss seven files
Today at 4:46 am by Rocky
» The demographic boom in Iraq: an economic opportunity or a social burden?
Today at 4:44 am by Rocky
» Al-Sudani confirms to Russian delegation Iraq's desire to establish a mechanism that brings mutual b
Today at 4:42 am by Rocky
» Parliament holds its session headed by Al-Mashhadani and attended by 168 MPs
Today at 4:41 am by Rocky
» The Iraqi government deducts 1% of the salaries of employees and retirees to donate to Gaza and Leba
Today at 4:38 am by Rocky
» Iran announces its commitment to continuing gas exports to Iraq
Today at 4:37 am by Rocky
» Iraq, Russia discuss energy cooperation
Today at 4:36 am by Rocky
» British Home Secretary to visit Iraq tomorrow
Today at 4:35 am by Rocky
» The next parliament will have 450 members.. Officially, Al-Sudani announces that the population of I
Today at 4:33 am by Rocky
» US Ambassador Warns of 'Frightening Actions': Iraq Does Not Want to Be Drawn into Regional Conflict
Today at 4:32 am by Rocky
» Planning: The announced census results are not preliminary and the number will increase
Today at 4:30 am by Rocky
» Election “hype” begins early.. Al-Maliki insists on holding it and Al-Sudani prepares
Today at 4:29 am by Rocky
» “No more delays”.. Parliament changes the mechanism of holding sessions: “Controversial” laws are re
Today at 4:28 am by Rocky
» Al-Mashhadani to the heads of the blocs: I prefer to vote on the general amnesty law before anything
Today at 4:27 am by Rocky
» Iraq ranks 8th in the Arab world in achieving work-life balance in 2025
Today at 4:26 am by Rocky
» Labor announces issuance of more than a quarter of a million national cards for social protection be
Today at 4:24 am by Rocky
» Iraqi-Chinese research on accelerating combined cycle power projects
Today at 4:23 am by Rocky
» Al-Maliki praises the decision of the International Criminal Court and demands the resolution of the
Today at 4:22 am by Rocky
» Al-Mashhadani calls for voting on the general amnesty law for the “oppressed” before other laws
Today at 4:21 am by Rocky
» Yazan Mishaan Al-Habouri revolts against his "leak": There are those who obstruct the government's e
Today at 4:19 am by Rocky
» US Ambassador: Ending the presence of the international coalition in Iraq is being implemented and w
Today at 4:18 am by Rocky
» Al-Mashhadani directs to raise the suspended laws to the Presidency of the House of Representatives
Today at 4:17 am by Rocky
» "His general situation is unbearable" .. Parliamentarian: Political consensus to keep Iraq away from
Today at 4:16 am by Rocky
» Al-Sudani agrees to launch the “For Her” initiative to support Iraqi women
Today at 4:15 am by Rocky
» Development Bank condemns extortion attempts: It will not affect our workflow
Today at 4:13 am by Rocky
» Iraq-China oil-for-reconstruction deal faltering: A geopolitical shift in the Middle East
Today at 4:12 am by Rocky
» Planning reveals the next step of the census: We will visit these families
Today at 4:10 am by Rocky
» Parliamentary Finance Committee calls on the government to expedite sending the budget tables
Today at 4:09 am by Rocky
» OPEC+ may extend oil cuts at its meeting next Sunday
Today at 4:06 am by Rocky
» Parliamentary Integrity Committee discusses with the Director of Central Oil the file of contracts a
Today at 4:04 am by Rocky
» Government notice regarding the legal status of foreign workers
Today at 4:02 am by Rocky
» House of Representatives holds "important" session today.. Expectations of extending the legislative
Today at 4:00 am by Rocky
» Slight rise in dollar prices against the dinar in Iraqi stock exchanges
Today at 3:59 am by Rocky
» Baghdad "softens" and Kurdistan oil prepares to continue its global journey
Today at 3:58 am by Rocky
» "For 5 million dinars or in installments" .. Iraqi electric cars soon on the streets
Today at 3:57 am by Rocky
» Where did the Intelligence Bill get to in the House of Representatives?
Today at 3:55 am by Rocky
» "Contract Suspicions Series"... What are the loopholes in the Korean air defense system contract in
Today at 3:54 am by Rocky
» MP reveals latest developments in the formation of the new Kurdistan government
Today at 3:51 am by Rocky
» Personal status: imposing a vision or turning Iraq into a copy similar to the Iranian religious regi
Today at 3:50 am by Rocky
» Oral question to the governor.. Parliamentary movement regarding the “Basra, the Economic Capital of
Today at 3:48 am by Rocky
» MM&C 11/25/24 Parliamentarian: We need to extend the legislative chapter to 8 sessions and the bud
Yesterday at 10:04 am by Rocky
» Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the e
Yesterday at 8:29 am by Rocky
» utube 11/25/24 MM&C MM&C Iraq News-CBI Building Final Touches-Oil Exports-Development Road-Turkey-B
Yesterday at 6:33 am by Rocky
» Parliamentary movement to include the salary scale in the next session
Yesterday at 5:11 am by Rocky
» Parliamentary Finance Committee reveals the budget paragraphs included in the amendment
Yesterday at 5:10 am by Rocky
» Al-Maliki calls on the Bar Association to hold accountable members who violate professional conduct
Yesterday at 5:08 am by Rocky
» Politician: The security agreement with America has many aspects
Yesterday at 5:07 am by Rocky
» Kurdistan Planning: More than 6 million people live in the region, the oldest of them is 126 years o
Yesterday at 5:05 am by Rocky
» Al-Alaq: Arab consensus on the role of central bank programs in addressing challenges
Yesterday at 5:03 am by Rocky
» Economics saves from political drowning
Yesterday at 5:02 am by Rocky
» Agriculture calls for strict ban on import of "industrial fats" and warns of health risks
Yesterday at 5:01 am by Rocky
» Iraq is the fourth largest oil exporter to China
Yesterday at 5:00 am by Rocky
» Railways continue to maintain a number of its lines to ensure the smooth running of trains
Yesterday at 4:59 am by Rocky
» Parliament resumes its sessions tomorrow.. and these are the most important amendments in the budget
Yesterday at 4:58 am by Rocky
» Bitcoin Fails to Continue Rising as It Approaches $100,000
Yesterday at 4:57 am by Rocky
» Minister of Planning: There will be accurate figures for the population of each governorate
Yesterday at 4:56 am by Rocky
» Popular Mobilization Law is ready for voting
Yesterday at 4:54 am by Rocky
» Mechanisms for accepting people with disabilities into postgraduate studies
Yesterday at 4:52 am by Rocky
» Government coordination to create five thousand jobs
Yesterday at 4:51 am by Rocky
» Transport: Next month, a meeting with the international organization to resolve the European ban
Yesterday at 4:50 am by Rocky
» Census is a path to digital government
Yesterday at 4:49 am by Rocky
» Calls to facilitate loans and reduce interest rates for the private sector
Yesterday at 4:47 am by Rocky
» The launch of the third and final phase of the "population census"
Yesterday at 4:46 am by Rocky
» Al-Sudani: We have accomplished a step that is the most prominent in the framework of planning, deve
Yesterday at 4:44 am by Rocky
» Justice discusses modern mechanisms to develop investment in real estate and minors’ money
Yesterday at 4:43 am by Rocky
» Dubai to host Arabplast exhibition next month
Yesterday at 4:41 am by Rocky
» Al-Tamimi: Integrity plays a major role in establishing the foundations of laws that will uphold jus
Yesterday at 4:39 am by Rocky
» Reaching the most important people involved in the "theft of the century" in Diyala
Yesterday at 4:38 am by Rocky
» Transportation: Completion of excavation works and connection of the immersed tunnel manufacturing b
Yesterday at 4:36 am by Rocky
» Between internal and regional challenges... Formation of the Kurdistan government on a "slow fire" a
Yesterday at 4:35 am by Rocky
» Kurdistan Region Presidency: We will issue a regional order to determine the first session of parlia
Yesterday at 4:34 am by Rocky
» The Minister of Foreign Affairs announces the convening of the Ambassadors Conference tomorrow, Mond
Yesterday at 4:33 am by Rocky
» Al-Sudani: Iraq must always be at the forefront
Yesterday at 4:32 am by Rocky
» Al-Mashhadani: We support the Foreign Ministry in confronting any external interference that affects
Yesterday at 4:31 am by Rocky
» Al-Sudani chairs meeting with Oliver Wyman delegation
Yesterday at 4:29 am by Rocky
» Half a million beggars in Iraq.. 90% of them receive welfare salaries
Yesterday at 4:27 am by Rocky
» Sudanese announces preliminary results of the general population and housing census in detail
Yesterday at 4:26 am by Rocky