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With the hike in food prices ... an economist: the poor classes are in danger unless the government intervenes
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[rtl]Baghdad / NINA / The local 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 to 51 thousand dinars, and a bag of beans from 42 to 48 thousand dinars, accompanied by a large increase in the price Hummus, of which one kilogram 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 so did the prices of sugar, milk, meat, chicken and oils.
The expert in economic affairs, Malath Al-Amin, attributed the high prices of foodstuffs in the local market to the high exchange rate of the dollar, the lack of government monitoring of the market, and the manipulation of speculators.
The secretary said in a statement to the Iraqi National News Agency / NINA/: "In countries that depend on imported products to meet their basic commodity needs, the prices of these products are unstable because they follow changes in the global and domestic markets and government policy, unless the government interferes in setting prices, controlling imports and the market, and holding accountable the merchants who raise prices and earn obscene profits. Citizen account. "
He added: "The rise in the exchange rate of the dollar, in Iraq, which seeks to achieve food security and reduce imports, has led to major changes in the market, especially with regard to imported foodstuffs, which affected the livelihood of a large class of poor families who exceeded the proportion of those who live from them. The poverty line is 30% in a number of governorates, which means that this percentage of Iraqi families are currently struggling to obtain foodstuffs to secure their livelihood.
He stressed the secretary on the need to put the government, after the lifting of the dollar exchange rate, a plan to keep the prices of basic foodstuffs or pumped relative through the ration card up to be able to control prices and monitor markets and accounting traders who raise food prices. "
Said economic expert:" Failure to implement these steps will constitute a danger to society, especially to the poor classes, at a time when job opportunities are scarce and private sector revenues are reduced due to the Corona pandemic, which requires the government to take the initiative to subsidize these classes and provide job opportunities for the unemployed while controlling the prices of basic materials.[/rtl]
As for tea, it also witnessed a rise from 35,000 dinars to 42,000 dinars per carton, and so did the prices of sugar, milk, meat, chicken and oils.
The expert in economic affairs, Malath Al-Amin, attributed the high prices of foodstuffs in the local market to the high exchange rate of the dollar, the lack of government monitoring of the market, and the manipulation of speculators.
The secretary said in a statement to the Iraqi National News Agency / NINA/: "In countries that depend on imported products to meet their basic commodity needs, the prices of these products are unstable because they follow changes in the global and domestic markets and government policy, unless the government interferes in setting prices, controlling imports and the market, and holding accountable the merchants who raise prices and earn obscene profits. Citizen account. "
He added: "The rise in the exchange rate of the dollar, in Iraq, which seeks to achieve food security and reduce imports, has led to major changes in the market, especially with regard to imported foodstuffs, which affected the livelihood of a large class of poor families who exceeded the proportion of those who live from them. The poverty line is 30% in a number of governorates, which means that this percentage of Iraqi families are currently struggling to obtain foodstuffs to secure their livelihood.
He stressed the secretary on the need to put the government, after the lifting of the dollar exchange rate, a plan to keep the prices of basic foodstuffs or pumped relative through the ration card up to be able to control prices and monitor markets and accounting traders who raise food prices. "
Said economic expert:" Failure to implement these steps will constitute a danger to society, especially to the poor classes, at a time when job opportunities are scarce and private sector revenues are reduced due to the Corona pandemic, which requires the government to take the initiative to subsidize these classes and provide job opportunities for the unemployed while controlling the prices of basic materials.[/rtl]
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