Representative economics recommends boosting imports to cope with price hikes
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Representative economics recommends boosting imports to cope with price hikes

04/12/2021
Economy News _ Baghdad
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 closure of outlets are additional factors that contributed to this problem.
The markets have 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 rose from 42 thousand to 48 thousand dinars, accompanied by a large increase in the price Chickpeas, one kilogram of which amounted to 4,500 dinars, after it did not exceed two thousand dinars. As for tea, it also witnessed a rise from 35 thousand dinars to 42 thousand 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, followed by Al-Eqtisad 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 currently exists, to address supply and demand problems, in addition to price control and accountability for
greedy traders ."
Moussawi called for "granting import licenses, especially for secured traders, to solve this problem and return prices to normal."
The Ministry of Trade promised to distribute the ration card items into two meals, "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.
https://economy-news.net/content.php?id=24789
RamblerNash- GURU HUNTER
- Posts : 24228
Join date : 2015-02-19

» Representative economics recommends the creation of cooperative markets supported by the government
» Representative economics submitted a proposal to the private sector after raising the price of the dollar
» Representative economics: The continuation of traders boycotting the currency auction will force finance to reduce the price of the dollar
» Representative economics submits a proposal to form a national company for mineral investment
» Representative economics: Amending the investment law in Iraq needs one week
» Representative economics submitted a proposal to the private sector after raising the price of the dollar
» Representative economics: The continuation of traders boycotting the currency auction will force finance to reduce the price of the dollar
» Representative economics submits a proposal to form a national company for mineral investment
» Representative economics: Amending the investment law in Iraq needs one week
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Guru MarkZ 3/23/23 am
» Guru Okie 3/23/23
» Guru Frank26 3/22/23
» Gurus Frank26 & Firefly 3/23/23
» Guru MountainGoat 3/23/23
» Guru Sandy Ingram 3/23/23
» Guru Judy 3/23/23
» Guru Nader 3/22/23
» Guru Bruce Dingleberry 3/23/23
» Gurus Frank26 & Firefly 3/22/23
» Guru MarkZ 3/22/23 pm
» Guru Okie 3/22/23
» Guru RayRat 3/22/23
» Guru Nader 3/22/23
» Guru Bruce Dingleberry 3/21//23
» Iraq proposes the establishment of the Middle East Bank for Development and Integration
» Have You Ever Wondered How Many Dinar Gurus There Are?
» Introduce myself
» Kurdistan’s Erbil police shut down illegal casino, arrests ‘gambling network’
» Guru Wolverine 3/16/22
» Guru MarkZ 3/15/23 pm
» Guru Sandy Ingram 3/16/23
» Guru Nader 3/16/23
» Guru MilitiaMan 3/16/23
» Guru MountainGoat 3/16/23
» Gurus Frank26 & Firefly 3/16/23
» Guru Judy 3/16/23
» Guru Okie 3/15/23
» Guru Bruce Dingleberry 3/15//23
» Guru MountainGoat 3/14/23
» Predictable Tony: All you want and more
» Guru MarkZ 3/14/23 am
» Guru Okie 3/14/23
» Gurus MarkZ & Militiaman 3/14/23
» Guru Judy 3/14/23
» Guru Wolverine 3/14/22
» Guru Nader 3/14/23
» Guru Frank26 1/13/23
» Ameraq