Wednesday 15 January 2020
Books – Osama Abdul Karim:
Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, sent 5 important messages to citizens about the stock of strategic commodities and the continuation of the catering support.
Al-Moselhi said, in his interview with the DMC Evening program, on Tuesday, that the safe limit of imported goods is sufficient for a period of 3 months, and the minister’s most prominent messages were as follows:
The government has no intention to reduce or eliminate the subsidy.
There are disadvantages of in-kind support, including the difference between the real price and the circulating price, which opens the door for the black market.
– Strategic sugar stocks are enough for 6 months, wheat 4 months and a half, and rice enough for two months.
A safe limit of imported goods is sufficient for a period of 3 months.
Commodity exchange eliminates market monopoly.