Trade constitute committees to monitor prices and is preparing to enter into the markets to prevent speculation

Trade constitute committees to monitor prices and is preparing to enter into the markets to prevent speculation




6/29/2015

Twilight News / Mlas Trade Minister Mohammed Abdel-Karim announced on Monday that his ministry is following the price level in the commercial market, which aims to find a defect and blackmail Iraqi citizen during the month of Ramadan. Abdel Karim said in a statement responded to Twilight News, that the ministry has formed a supervisory committees follow the price level and a strong competitor to discuss access mechanisms to prevent commercial speculation and foil another attempt to raise food prices by taking advantage of the needs of citizens during the holy month.
He added that the ministry has equipped all regions of the country food vocabulary in the ration card and reinforced by the distribution of flour for the month of July in order to control the level of prices and prevent greedy exercise pressure on the Iraqi market, which this year has made fixed prices without any Zeya level and as happened in the past years.

He said Abdul Karim said the ministry operations room following the price level and develop immediate solutions based on the conclusions monitored in the local market.


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He added that the ministry has equipped all regions of the country food vocabulary in the ration card and reinforced by the distribution of flour for the month of July in order to control the level of prices and prevent greedy exercise pressure on the Iraqi market, which this year has made fixed prices without any Zeya level and as happened in the past years.