صحافة بلادي صحيفة إلكترونية مغاربية متجددة على مدار الساعة تعنى بشؤون المغرب الجزائر ليبيا موريتانيا تونس
Tripoli –announcedMinistry of Economy of the Libyan Government of National UnityIt announced the adoption of price ceilings for a number of basic materials, most notably oils and feed, while threatening to expand the measure to include other commodities, including coffee, meat, and eggs, in a move that it says aims to regulate the market and limit speculation.
The Undersecretary of the Ministry of Economy and Trade explained: Suhail Abu ShihaSetting a maximum price limit is a regulatory mechanism to protect the consumer and control the balance within the market, stressing that the measure does not amount to “forced pricing” in the legal sense, and does not conflict with Law No. 23 of 2010 regulating competition. On the other hand, he warned that sliding towards forced pricing could have negative economic repercussions.On the other hand, the director of the Oya Center for Economic Studies warned
Ahmed AbolsenImposing pricing without a clear regulatory system may lead to adverse results, explaining that the absence of stable economic policies and an accurate assessment of market needs has contributed to chronic imbalances, most notably unregulated imports and the concentration of the market in the hands of a limited number of actors.For his part, the economic analyst considered
Adel Al-MegrahiThe recent measures carry positive indicators, especially with regard to controlling the prices of flour and feed, as they have a direct impact on price stability and alleviating pressure on purchasing power. He pointed out that reducing the price of edible oil from 11 dinars to 8.75 dinars, as the month of Ramadan approaches, is a proactive step to confront the seasonal rise in prices, in light of exchange rate fluctuations and the high cost of imports.At the implementation level, the spokesman for the Municipal Guard confirmed
Ahmed Al-NaemMonitoring and inspection campaigns were launched targeting stores and commercial stores to ensure compliance with the new pricing and approval of billing, pointing out that a number of violating stores were closed with red wax.In turn, the Director of the Consumer Protection Department at the Ministry of Economy said
Muhammad QammamMaximum pricing is used in several countries as a tool to curb price increases, pointing to the issuance of a regulation requiring commercial establishments to adhere to specified ceilings, adopting a controlled profit margin, and activating legal procedures against violators.The Libyan government is moving between the option of controlling the market and protecting the consumer, and experts’ fears of possible side effects, in a practical test of the effectiveness of price caps and its ability to curb inflation without harming the balance of supply and demand.
Source:
My pressصحافة بلادي
