Tuesday, October 7, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Economy

Libyan Economy Ministry Sets Fixed Price for Essential Foods

November 4, 2021
Share on FacebookShare on Twitter

On Wednesday, the Libyan Ministry of Economy and Trade issued a decision to fix the prices of 13 basic food commodities, in a bid to control the exaggerated price hike in the war-torn country.

The ministry authorized the Municipal Guard and judicial officers to take the necessary legal measures against violators of the fixed pricing.

The ministry has set a fixed price for flour, sugar, oil, tomatoes, pasta, and chicken.

In August, the ministry called on all traders and suppliers of medicines and basic commodities, including flour, rice, vegetable oils, sugar, milk and infant formula, to work on setting prices with an acceptable profit margin, given the difficult economic situation in the country.

The ministry also warned against “exploiting the conditions for greed, which leads to irresponsibility, speculation and other economic crimes that negatively affect everyone.”

The statement also confirmed that in the event of non-compliance, “legal measures will be taken to ensure price stability and control, and curb the exploiters who are preying on the homeland, the citizen and the economy.”

The ministry pointed out that it will work to implement this through the use of law enforcement and monitoring agencies.

  • Bread Crisis Looming in Libya
  • A Bread Crisis in Libya?
  • Libya Warns of Flour Shortage
  • Egypt to Send Libya Food Staples During Ramadan
  • France Considers Resuming Flights to Libya
Tags: Economy MinisterEssential Foodslibya
Next Post

Libya's Al-Koni Demands Elections in December

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya’s Electoral Commission Resumes Municipal Elections

Libya’s Misrata Port Joins World’s Top 20 Ports in 2025

Libya Seeks Closer Ties With UK to Stop Migrant Flows

Libya & France Strengthen Military Ties in Benghazi

Court Rejects PM Dbaiba’s Plan to Merge Tawergha Into Misrata

Libya Blames Lebanon for Hannibal Gaddafi’s Health Decline

EDITOR PICKS

Libya Deports 98 Migrants to Egypt & Sudan

Libya’s Misrata Port Joins World’s Top 20 Ports in 2025

Libya’s Benghazi University Leads QS Arab Rankings for 2025

Libya Restores Storm-Damaged Ancient Site in Shahat

Libya Blames Lebanon for Hannibal Gaddafi’s Health Decline

Court Rejects PM Dbaiba’s Plan to Merge Tawergha Into Misrata

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR