Head of Government of National Unity, Abdul Hamid Dbeibah, has stressed the necessity of following up on processing of documentary credits, to ensure availability and access of goods and merchandise to citizens during the holy month of Ramadan. 

He urged support for Libyan manufacturers and giving them priority in providing goods at reasonable prices.

This came during a meeting held on Wednesday at the Prime Minister’s Office in Tripoli, with the High Economic and Security Committee, in the presence of Ministers of Economy and Trade, Mohamed al-Hawaij, Transportation Mohamed al-Shahoubi, State for Cabinet Affairs Adel Jumaa, Undersecretary of the Ministry of Economy, Suhail Bushiha, and members of the High Security Economic Committee. 

The government media office said that the meeting was devoted to following up on the availability of basic commodities and the mechanism for controlling their prices during the holy month of Ramadan, during which the Undersecretary of the Ministry of Economy presented an update on the status of the documentary credits opened during the final fourth of last year and the first quarter of this year in the field of foodstuffs and meat.

The Economic Security Committee also presented its plan to monitor the local market during Holy Ramadan, with the aim of preventing monopoly and speculation, and communicating with major merchants, to ensure the availability of goods and confirm their prices, to reassure and comfort the public during the holy month.

Bushiha pointed out that the open documentary credits contributed to price stability, confirming the availability of appropriate quantities of the Libyan family’s needs during the month of Ramadan.

Dbeibah stressed the necessity of uniting efforts of all relevant government institutions during the month of Ramadan, to provide goods and merchandise, and to stand against brokers and speculators after communicating with the main distribution sources.

He also underlined the importance of supporting Libyan manufacturers, and give them priority in all procedures, on the condition that they contribute to providing goods at appropriate prices.

Dbeibah also stressed the importance of continuous communication with the Central Bank of Libya and the Customs Authority, to follow up on the documentary credits and their progress in order to ensure the arrival of goods and merchandise before the holy month of Ramadan, according to the Government’s media office.