Al-Dabaiba issues important instructions regarding commodity prices during the month of Ramadan

Prime Minister Abdul Hamid Al-Dabaiba met today, Monday, with the Ministry of Economy and Trade, and the Customs Authority, to follow up on the availability of basic commodities during the holy month of Ramadan, and to establish the basis for their prices according to the cost of supplying them, in the presence of the Minister of Economy and Trade, Muhammad Al-Hawaij, the Undersecretary of the Ministry, Suhail Bushiha, and a number of department directors. At the Ministry, the Director General of the General Customs Authority, Major General Suleiman Ali Salem, and the Minister of State for Prime Minister and Cabinet Affairs, Adel Jumaa.

Al-Hawaij presented a position on the documentary credits opened during the last quarter of last year, which exceeded $4 billion, and the number of companies receiving food and meat credits, which reached 733 companies, and they will be available in the market before Ramadan to contribute to the stability of market prices, in addition to the start of the bank. The Central Bank opened documentary credits to merchants for the year 2024 after a 40-day hiatus, and this will help in the availability of basic goods before the month of Ramadan.

Al-Dabaiba directed the necessity of monitoring markets and supply chains from opening credit to ports until reaching points of sale, monitoring prices, controlling cases of monopoly if any, taking legal measures against them, and emphasizing the competitive environment in the market.

Al-Dabaiba also directed the refusal to grant an exception for the supply of a prohibited commodity to a specific company, and the need for the Ministry of Economy to undertake its procedures to provide equal opportunities for all those engaged in activities, and to work to recognize health certificates issued by internationally accredited centers, and to determine a periodic list announced by the Ministry, in order to contribute to the flow of goods and not monopolize them. .

Al-Dabaiba stressed the necessity of following up on the main private suppliers and factories, ensuring the quantities available during the coming period, not allowing speculation in prices, the necessity of continuing meetings with the competent authorities to ensure the availability of basic goods, and focusing on the Ports and Customs Authority in working around the clock to facilitate the speedy release of the supplied goods. And ensuring its access to various points of sale.