Dr. Ali Al-Muselhi, Minister of Supply and Internal Trade, declared that the ministry permitted some private commercial chains, particularly those that offer luxury rice, to breach 2 and 3% of the government-mandated pricing structure and raise their prices by 10%.
The Council of Ministers issued a decision to determine the prices of selling rice with a maximum of 12 pounds per kilo, and 15 pounds for the packed rice to control its prices in the local market after its prices rose without justification, and despite achieving self -sufficiency from it.
In press releases, the “Minister” added that commercial chains were permitted to offer high-quality rice at a price of 16 for 3% cracked rice.
5 pounds, which is more than the government-imposed minimum price.
“Al -Moselhi” indicated that only companies that raise their prices will be allowed after applying for an official request to the ministry, provided that it is approved after ensuring that the quality of the rice and conforms to the specifications that the ministry has set to raise prices on the basis of which, stressing that the ministry is committed to a large proposition of white white rice Through its stores, the unpackaged rice costs 12 pounds, while the bagged rice costs 15 pounds per kg.
Dr.
In order to regulate trading and dealing with rice and the local barley season, harvesting in 2022, as well as on the regulations governing the marketing and delivery of local barley rice, regarding the regulation of barley rice storage places, Minister of Supply and Internal Trade Ali Al-Moselhi issued a ministerial decision.
The decision stipulated: “Allowing the speculator of the approved private sector and contracting with the General Authority for Supply Commodities to strike the quantities of rice supplied to the authority’s account under the supervision of the competent catering directorate to supply white white rice at a price of (12) pounds and supply wide white rice. In the delivery of the warehouses of the two wholesale organisations in the different governorates, kilogrammes (12. 5 pounds) were packaged in one kg packages.
Additionally, permit the traders associated with the authorised and contracting private sector to strike the quantities of rice from the total amounts marketed and sell them to the authority’s account for the authorised regions from the Director of the Supply Directorate in accordance with the prices established by Cabinet Resolution No.
(11) of 2023 under the Directorate of Supply’s supervision
A must.. allowing some businesses to raise the price of rice by 10% over the minimum price, according to the minister of supply
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