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Arab summit increases food prices in Baghdad AK News - [3/26/2012]

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PastorDoug

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Food and goods prices in Baghdad are rising as the Arab summit approaches, said a member of the Iraqi parliament's finance committee, adding that the government should take action to stabilize market prices.

Najiba Najib said citizens have started to complain about the hike in prices.

"The parliamentary finance committee is aware of this matter and the government must do something about it," said Najib.

Baghdad citizen Muhammad Abud from Shab district said: "Rising food and goods prices have affected citizens badly."

Muhammed Ali, an Arabic tutor from Baghdad, said: "Prices of groceries have nearly doubled."

The price of one kilogram of apples in Baghdad has shot up from 1,250 Iraqi dinars to 2,500.

The Arab summit is scheduled to be held in Baghdad this Thursday. Iraqi authorities have taken strict security measures and cut off several roads on the outskirts of Baghdad to tighten security for the summit, which will be held with the participation of Arab presidents and kings

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