| 23 February 2024, Friday |

Amin Salam warns “monopolists” with the worst sanctions

Today, Prime Minister Najib Mikati convened a series of cabinet meetings at the Grand Serail to discuss diplomatic, social, and financial challenges. In this regard, he met with Amin Salam, Minister of Economy and Trade.

“We held a discussion with the President regarding food security, especially since last week recorded some disturbances in this respect, with concern of a scarcity of wheat that we use to create bread in Lebanon,” Amin Salam said after the meeting.

“We met with the President to reassure him about three points: wheat, we have enough stocks for a month or a month and a half, and we are very keen on its availability. We are currently communicating with several countries, including the United States of America and other countries that have expressed their willingness to help us in the event that we are forced to import a lot of it,” he said.

“We are approaching the holy month of Ramadan, when there will be a larger consumption of foodstuffs, and we have heard of a worry of a scarcity of some commodities, such as oils, sugar, and others,” he stated.

“Our meeting today was fruitful, and we hope that after ten days we will have a clear picture of the countries from which we will import the quantities that we have taken approval to store so that there is no disruption in wheat. At this stage, and in light of this international crisis represented by the Russian-Ukrainian conflict and its negative claims, I appeal to merchants and stakeholders to be careful during this period because there will never be any leniency on the issue of raising prices, and any violations that may occur, and the prosecution will be greater for the issue of monopoly,” Salam warned.

  • Sawt Beirut International