Baghdad proposes to set up a committee to monitor prices by the month of Ramadan



Monday 22 May 2017 01:36 PM
| Number of readings: 235


BAGHDAD / The Economic Committee of the Baghdad Council on Monday proposed the formation of a committee to monitor the prices of local markets by the month of Ramadan, and pointed out that the local government is directly concerned as the executive body, confirmed that the greed traders push them to agree on religious occasions to Raising prices uniformly to force citizens to buy these prices, which affects the poor on the poor.

"We will propose to the Baghdad Provincial Council the formation of a committee to monitor the prices of local markets with the advent of the month of Ramadan," said a member of the committee Ali al-Karawi told "Iraq News", pointing out that "the committee must be formed from various bodies related to the markets of trade and interior ministries, Other actors ".

Al-Karawi said that "the local government is directly concerned to consider the executive branch and the Baghdad Council as the regulatory and legislative body, it will urge the government to tighten its procedures in this regard." He pointed out that "greed traders push them to agree at religious occasions to raise prices uniformly to force citizens To buy at high prices and it affects heavily on the poor class. "

The economic expert Bassem Jamil Antoine has denied, on Saturday (May 13, 2017), the existence of economic reasons for the rise in prices in the month of Ramadan, while he explained that the reason for the rise is the fact that some greedy traders to monopolize important and fundamental materials and raise prices for the profits of fictional, You reduce prices during events and seasons to help the poor.

It is noteworthy that the Iraqi markets are witnessing a significant rise in prices during the month of Ramadan amid a complete absence by the competent state agencies, which contributes to the increase of this phenomenon every year to be higher prices than previous years.

Finished