Ewaid links rising prices to stronger foreign currencies
LIBYA – Jamal Ewaid, deputy head of the Price Stabilisation Fund, has said the prices of some goods have risen by about 40% recently, while increases in flour prices have approached 100%, attributing the rises to higher foreign-currency prices on the parallel market.
Oils, rice and grains among goods affected
In exclusive remarks to the Fawasel platform, Ewaid said the increases had affected imported goods, particularly oils, rice and grains.
Supplies maintained but not increased
He noted that the Price Stabilisation Fund was continuing to supply basic goods in the same quantities as before, without increasing the allocation to the market, as part of its efforts to curb price rises.
