Reduced Prices for Oil and Sugar: Measures to Prevent Monopoly and Boost Economy

The new oil and sugar price the state seeksMinistryof Supply To provide goods at reduced prices, most notably sugar and oil, in addition to taking measures that in turn prevent monopoly by merchants, especially in light of the current economic crisis that all countries of the world are suffering from. The measures include important and necessary food commodities for citizens.

The new price of oil and sugar

All goods are scheduled to be exempted from duties and customs for a period of up to 6 months, including sugar and oil. The government will also take any decision to reduce the prices of goods, including the following:

Packaged sugar weighing 1 kg costs 13 pounds. The price of a bottle of mixed oil weighing 800 ml is 30 pounds.

The price of oil and sugar on the ration card

The food supplies scheduled for the month of October are disbursed from the Ministry of Supply’s commodity outlets, which number 40,000 outlets throughout. Here are the prices for sugar and oil:

The price of new oil and sugar brings the price of a kilo of packaged sugar to 12.60 pounds. The price of a bottle of mixture oil weighing 800 ml is 30 pounds.

Immediate action to reduce sugar prices

There are many measures taken by the government. Which works to reduce commodity prices, including the following:

Facilitations and releases of food goods, the most important of which are sugar and oil. All traders who manipulate prices will be confronted. No price increase will be permitted. There are 7 goods whose prices will be reduced, from 15% to 25%, according to the Prime Minister’s statement. Related articles
2023-10-13 15:02:45
#action #reduce #sugar #prices…the #price #oil #sugar