Iraqi government will sell eggs, flour and chicken to the public at low prices

Published 2023년 1월 22일

Tridge summary

The Iraqi government has intervented to control the rising prices of essential food items such as eggs, chicken, and flour, which have increased due to the depreciation of the local currency against the US dollar. The government plans to sell these items at their sales centers at prices lower than the market rate. This decision follows an unsuccessful attempt by the Ministry of Agriculture to decrease egg and chicken prices through increasing feed rates for chicken producers. The depreciation of the Iraqi dinar against the US dollar is a key factor contributing to the increase in food prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Iraqi government decided to sell cheap eggs, chicken and flour to the public against the price increases in the market due to the depreciation of the local currency against the US dollar. Speaking to Iraqi news agency INA, Mohammad Hannun, Spokesman of the Ministry of Commerce, said that eggs, flour and chicken, which are considered basic foodstuffs, will be offered for sale at the sales centers established below the market price. Hannun added that they are vigilant against possible price increases in the units created on the subject. Egg production in the country is not enough Mohammad Huzayi, spokesman of the Iraqi Ministry of Agriculture, told INA on January 13 that the reasons for the increase in egg prices were as follows: "The increase in egg prices in neighboring countries was also reflected in our market. The increase in chicken feed prices also increased the price of domestic eggs. Every year, during these periods, the demand for eggs increases, supply and demand ...
Source: Sondakika

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