SAWT BEIRUT INTERNATIONAL

| 22 May 2024, Wednesday |

Food commodities soon priced in USD!

With every dollar fluctuation and sway, the prices of food commodities fluctuate in shops and supermarkets..so you see citizens rushing to buy their basic needs with every decline in the exchange rate..to be met by a slight movement in buying when it goes up…As for today, this nightmare may end with resorting to Food pricing in dollars.

In the prevailing chaos, the Ministry of Economy and Trade was convinced of the need to dollarize food commodities in supermarkets, provided that the Lebanese would be given the option to pay in Lebanese pounds or in dollars, after many demands from the Foodstuff Importers Syndicate…

Accordingly, the Minister of Economy and Trade in the caretaker government, Amin Salam, announced this decision on Monday, confirming the start of work on it, as its advantages are many, whether for the merchant or the consumer, especially with regard to estimating the price of the product in a way that is closer to reality, unlike what is happening now.

We hope that this decision will succeed in controlling the madness of uncontrolled prices in the market.. As for you, bring your dollars or what is equivalent to them…

    Source:
  • Sawt Beirut International