News In Brief
Ministry of Economy to review effects of new exchange rate on flour prices
The Ministry of Economy and Industry in the Government of National Accord on Monday called on all officials of the flour milling companies to attend the planned meeting with the Undersecretary for Economic Affairs.
The ministry explained that the meeting, which will be held next Wednesday, at the ministry’s HQ in Tripoli, will discuss the new exchange rate and its impact on the local market and flour prices, in addition to the provision of flour in bakeries.
It is noteworthy that the local market witnessed during the past days a rise in the price of flour, as the price of a quintal of flour increased by 85 dinars, reaching 225 dinars, one day after the announcement of the unification of the exchange rate, as the price of a quintal of flour was 140 dinars until last Thursday.