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Economic specialist to / NINA /: The government does not have legal clauses to hold traders accountable

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Post by RamblerNash Wed Mar 24, 2021 1:03 pm

Economic specialist to / NINA /: The government does not have legal clauses to hold traders accountable 895084-8dfea2fc-d011-4ba1-b860-6ed875b7ed2b
Wednesday 24, March 2021 12:07
 
Baghdad / NINA / Economic specialist Dergham Muhammad Ali confirmed that there are no clear legal provisions that allow the government to hold traders accountable, as it does not provide any support or facilities to them.

He said in a statement to Nina that, "The Iraqi market is open and operates on the principle of competition and not monopoly, since import is open and at the commercial exchange rate. If the government wants to intervene legally, either support the exchange rate for basic commodities or enter as a competitor through the ration card portal and the institutions of the Ministries of Commerce and Industry and not Establishing direct tutelage on merchants. "

He continued: "The market economy’s adoptions require anti-monopoly, not interference and imposing specific prices on the commercial market, especially if the rise is a reaction to wrong decisions."

Yesterday, Prime Minister Mustafa Al-Kazemi discussed the rise in prices in the market. / End 8

https://ninanews.com/Website/News/Details?key=895084

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