The Minister of Economy and Trade of the National Unity Government, Muhammad Al-Hawaij, confirmed that “with the decline in inflation and the price of the dollar, prices should decrease by 30%,” but some merchants raised them instead.
During a press conference on procedures for developing commercial and investment activity, Al-Hawaij said: There is a defect in the trade policy regarding exports and imports, so the Prime Minister of the National Unity Government, Abdul Hamid Al-Dabaiba, will issue a decision to form a supreme committee to control the three economic policies: “financial, monetary, and trade,” with a number of members. From the ministers.”
He added, “The work of this Supreme Committee to fully coordinate between the three policies will enable us to control spending, and control imports and smuggling channels.”
Al-Hawaij said: “The money supply must be reduced, and the new central administration’s approach to electronic dealing serves this by reducing the demand for cash,” adding: “Our government is working to organize foreign workers, whether stable or temporary, and oblige them to pay the taxes due on them.”
He said: “We may have to set a mandatory price for meat, as the price of lamb should not exceed 55 dinars, while it is sold for 70 dinars per kilogram, and if the large merchants in the first place do not go for a reduction, the small merchants will not reduce,” adding: “We must work.” To prevent the export of imported goods.”
He added: “We have not decided to lift support yet, and we have not moved, whether as the Ministry of Economy or the Unity Government, towards lifting it yet, as it is a matter that requires study and a public opinion poll before undertaking it.”
He said: “After setting the weight of bread at 100 grams, we noticed that some bakeries started tipping the scale and not following the specifications,” adding: “When setting the price, we conducted a study and confirmed their profit. They are still in a state of profit even when selling 5 loaves of 100 grams for one dinar.” one”.
He added: “After the price of a quintal of flour reached 280-300 dinars last year, it fell to 220 this year, and despite that, bakeries are still selling 4 and 3 loaves of loaves for one dinar.”
Al-Hawaij said: “We will go to the bakeries to study the situation again, and we will weigh the bread and study the prices with the specifications and confirm whether the prices are appropriate or not.”
#Live press conference by the Minister of Economy and Trade, Muhammad Al-Hawaij 📍 You can follow the channel via the following frequency: Frequency: 11766 | Coding rate: 27500 | Polarization: Horizontal 📡
Posted byLibya National ChannelIn Monday, October 21, 2024
Last updated: October 21, 2024 – 14:03
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