Muthanna announces high food prices and demands economic security to intervene

Muthanna announces high food prices and demands economic security to intervene



Mostafa Al Anbari   05/05/2019 - 22:59

Al-Muthanna province announced on Sunday the rise in food prices in the province ahead of the start of the month of Ramadan, which caused disgruntlement of citizens, while calling for the economic security services to intervene urgently and prevent what he described as "malicious conspiracy" on the poor people with limited income.

"Al-Muthanna province witnessed a rise in food prices in the markets ahead of the start of Ramadan, which caused citizens to complain," Council member Ammar Al Gharib told Basnews. "The rate of increase in food prices was varying between 5% and 10% A large proportion that weighs on the citizens and there is no justification for them ».

Al-Gharib pointed out that "the economic security apparatus is called upon to intervene urgently and prevent the malicious conspiracy against the low-income poor." "The measures should mainly target wholesalers and later shopkeepers if they do not adhere to the usual old pricing."

The economic expert Bassem Jameel Antoine has confirmed on Saturday that there is no economic justification for raising food prices during the month of Ramadan in the Iraqi markets, while calling on the Chamber of Commerce to monitor and punish traders who monopolize some materials and exploit the high demand in Ramadan.

It is noteworthy that the Iraqi markets are witnessing a significant rise in prices during the month of Ramadan amid the complete absence of state agencies competent in maintaining prices, which contributes to the growing phenomenon in the current year to be higher than previous years.

http://www.basnews.com/index.php/ar/economy/2017-01-26-12-23-03/518869