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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Representative economics recommends boosting imports to address price hikes

    Rocky
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    • Post n°1

    Representative economics recommends boosting imports to address price hikes Empty Representative economics recommends boosting imports to address price hikes

    Post by Rocky Mon 12 Apr 2021, 7:26 am

    Representative economics recommends boosting imports to address price hikes

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    The Parliamentary Economic and Investment Committee revealed a working paper and proposals to address the high prices of foodstuffs in the markets, the most prominent of which is the strengthening of the Ministry of Trade's import of basic food products, while economists believe that the high demand, the insufficiency of the local product, the change of transportation methods and the closing of outlets, additional factors that have contributed to this problem. 
    The market witnessed a steady increase in prices recently, as the price of a bag of rice, despite its distribution within the ration card items, jumped from 35 thousand dinars to 51 thousand dinars, while the bag of beans increased from 42 thousand to 48 thousand dinars, accompanied by a large increase in the price Chickpeas, one kilogram of which reached 4,500 dinars, after it did not exceed two thousand dinars. As for tea, it also witnessed a rise from 35,000 dinars to 42,000 dinars per carton, and the prices of sugar, milk, meat, chicken and oils also increased.
    A member of the Parliamentary Economic and Investment Committee, Hamid Al-Mousawi, said in an interview with Al-Sabah newspaper, which was followed by Al-Iqtisad News, that “the committee is working to present a working paper and proposals to address the rise in food prices, especially basic foodstuffs, with the approaching month of Ramadan. "At prices lower than what is currently present to deal with the problems of supply and demand, in addition to price control and accountability of
    greedy traders  ." 
    Moussawi called for "granting special import licenses to secured traders to solve this problem and return prices to normal." 
    The Ministry of Trade promised to distribute the ration card items to two meals as a "late measure that did not fulfill the purpose" because prices rose for some time and will continue even after the passage of the holy month if the main causes are not addressed.
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