Hoda Jassim (Baghdad)
The initiatives of the Iraqi Ministry of Trade could not stand up to the price madness witnessed by the local markets, while the Iraqis, especially those with limited income, pointed the finger at the merchants who took advantage of the blessed month of Ramadan, and the increased demand for commodities and foodstuffs to raise their prices in an unprecedented way. Economists emphasized that the instability of the Iraqi dinar exchange rate is behind this rise, but this justification does not convince the poor who are looking for the simplest things, and despite that, they find their pockets cannot bear their prices. The Ministry of Commerce opened its marketing outlets in Baghdad and other governorates, and it sent multiple control teams to follow up its work, and it also sent other teams to monitor and follow up the prices of the local markets, while it proceeded to open marketing outlets with the aim of providing the materials that the Iraqis need at subsidized prices while continuing to distribute the food basket, but these outlets Not enough to stop rising prices.
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